Crypto super PACs have raised more than $100M, report says

📆 5/6/2024 4:24 PM
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Political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, according to a report from Public Citizen.

<p>WASHINGTON — Political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S.

</p><p>About $54 million of the crypto industry's political war chest comes from direct corporate expenditures, primarily from Coinbase and Ripple Labs, according to the report.

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Source: Cointelegraph - 🏆 562. / 51 Read more »