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Crypto industry spending ‘unprecedented’ money on 2024 election: Report
The cryptocurrency industry has spent more than $119 million on federal elections in 2024 to help boost crypto-friendly candidates and defeat crypto skeptics, according to a new report from Public Citizen. This “unprecedented” spending represents nearly half — 48 percent — of all corporate money contributed to this year’s elections, the report from the progressive consumer rights watchdog group found. “That cryptocurrency companies like Coinbase and Ripple are able to spend over a hundred...