Wednesday, August 21, 2024

Crypto corporations spending big to influence 2024 election



New report from Public Citizen shows crypto corporations are spending unprecedented amounts of direct corporate cash on the 2024 election. [There are many ways corporate money gets into the election, however.]
"Crypto-sector corporations – primarily Coinbase and Ripple – have dumped over $119 million in real dollars into the 2024 elections so far, almost entirely into super PACs dedicated to elevating pro-crypto candidates and attacking crypto skeptics." Much of the money goes to FairshakePAC, which also gets big money from individual wealthy crypto executives and investors.



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