Crypto Blitzes Midterms with $176 Million to Support Allies as It Prepares for Post-Trump Era
Fairshake and other crypto groups are backing candidates in more than 100 races to secure long-term regulatory support.
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Insight: Crypto blitzes midterms with $176 million to support ...
Why Is the Crypto Industry Spending $176 Million to Shape the US Midterm Elections?
The cryptocurrency industry is spending approximately $176 million to influence more than 100 US midterm election races, seeking to build a bipartisan network of lawmakers who can advance its regulatory priorities beyond President Donald Trump’s time in office. The campaign reflects a longer-term strategy by crypto companies and wealthy investors to influence Congress, support candidates […]
Crypto blitzes midterms with $176 million to support allies as it prepares for post-Trump era
NEW YORK, Oct 27 : The crypto industry has spent roughly $176 million across more than 100 midterm races this election cycle, as part of a years-long plan to build a bipartisan coalition of allies in Congress that can advance its interests long after US President Donald Trump leaves office. The $2.75 trillio
According to ChainCatcher, among crypto industry donors, Coinbase ranks 5th among donating organizations and 12th overall with approximately $57.8 million; Ripple donates approximately $49.6 million, ranking 7th among donating organizations and 17th overall; Gemini founders Cameron and Tyler Winklevoss donated a combined approximately $55.9 million, ranking 13th overall; and Foris Dax ranks 24th overall with $39 million.
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