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Crypto Industry Dominates 2024 Election Spending

Cryptocurrency firms contribute nearly half of all corporate donations, reshaping political influence.

  • Crypto companies have spent $119 million on the 2024 election, representing 48% of all corporate contributions.
  • Major contributors include Coinbase and Ripple, with most funds directed to pro-crypto super PACs like Fairshake.
  • The industry's spending surpasses traditional big contributors like oil companies and banks.
  • Public Citizen criticizes the influence of crypto money, linking it to the Supreme Court's Citizens United ruling.
  • Both major presidential candidates, Trump and Harris, are courting the crypto sector for support.
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