Cryptocurrency companies have raised over $115 million to influence US elections this cycle, and they’re just getting started. We need to closely watch how cryptocurrency companies are influencing US politics. https://www.citationneeded.news/2024-cryptocurrency-election-spending/
#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying
Cryptocurrency companies have raised over $115 million to influence US elections this cycle, and they’re just getting started
As election season kicks into high gear, we need to watch how cryptocurrency companies are influencing US politics.Molly White (Citation Needed)
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Molly White
in reply to Molly White • • •Fairshake, a crypto-focused super PAC, is #3 on the list of super PACs by the amount of money raised. Coinbase and Ripple are both in the top ten companies by amounts donated to outside spending groups. This is far out of proportion when you look at the size of the industry.
#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying
Molly White
in reply to Molly White • • •Meanwhile, cryptocurrency companies like Coinbase have been aggressively recruiting their customers to donate and vote along pro-crypto lines, with in-app calls-to-action and flashy websites that rate politicians based on their perceived pro- or anti-crypto stances.
#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying