Only 7% of Americans held crypto in 2023. Yet crypto corps have become a major player in American politics, pointing a $200 million gun at this election. It's bad enough when companies with popular products (like oil) do this. With crypto, we're being held hostage by a cult.
Coinbase-linked Stand With Crypto refrained from backing either side in the Michigan, Arizona, and Ohio Senate races, following controversy over super PAC donations that were based on its ratings. https://t.co/EehUY04EPW
CRYPTO PACS POUR $40 MILLION INTO OHIO SENATE RACE TO BACK PRO-CRYPTO CANDIDATE Crypto-backed PACs have spent $40 million supporting Republican candidate Bernie Moreno, a blockchain businessman, in Ohio’s Senate race. The race is crucial for the crypto industry, as Brown, who… https://t.co/yroa9zz0YN


Crypto political action committees (PACs) have poured $40 million into the Ohio Senate race to support Republican candidate Bernie Moreno, a blockchain businessman, in his bid to unseat Sen. Sherrod Brown. This significant financial backing highlights the crypto industry's strategic interest in influencing key political races. Additionally, crypto PACs have contributed another $3.1 million to support Elissa Slotkin, a Democrat running for the Michigan Senate, bringing her total contributions from these groups to $10 million, the second largest after Moreno.