Cryptocurrency companies are on an unprecedented spending spree to oust politicians opposed to their agenda and to help elect pro-crypto candidates in the 2024 election cycle.
The cryptocurrency industry — valued at $2.5 trillion worldwide — has lobbied extensively against regulations to hold its industry accountable for widespread fraud and mismanagement of customer funds following spectacular market failures in 2022 that left many Americans without access to their money.
One of the main political action committees receiving funds from crypto companies has raised more than $202 million since January 2023 — a number that dwarfs the $27 million donated by disgraced former cryptocurrency billionaire Sam Bankman-Fried to a similar political action committee in 2022.
maybe the first time im rooting for Sherod Brown. i wish we could get a venn diagram of who is supported/opposed by crypto money versus aipac money. in the last few election cycles, it seems like theres quite the overlap e.g. nina turner v. shontel brown, bowman v. latimar, etc. how much money do we need to inform voters that the better funded candidate is almost certainly the one that will not do a damn thing for us?
So true "that the better funded candidate is most certainly the one who will not do a damn thing for us". Average Americans need to place their shrinking dollars for a purpose which is to deny Israel control of our government. We would not like to know how long and what crimes have been committed between Israel and CIA.