The Crypto industry is already engaged in building up and spending SuperPAC money to influence the upcoming 2026 elections with ~ $3 million already spent primarily on special elections in Florida and Virginia.

Crypto PACs claim they already have $221M cash on hand with an additional
$100M "committed" but not yet reported publicly.

Fun Fact: Fairshake, (the largest Crypto PAC by far) is now the #5 most-funded PAC in the country.

Here is a great tracking web site updated regularly and shows where the $$ are coming from and where they are going to. https://www.followthecrypto.org/ #Crypto #Politics #SuperPACS #PACs #FairShake #FollowTheCrypto #CitiationNeeded #MollyWhite #FEC #Elections #2026MidTerms

https://www.heise.de/en/news/Cryptocurrency-industry-pours-avalanche-of-money-into-US-election-campaign-9803748.html

#crypto #FollowTheCrypto

Follow the Crypto cited in The Guardian!

https://www.theguardian.com/us-news/article/2024/jul/17/co-founders-of-silicon-valley-venture-capital-firm-back-trump-presidential-bid

#crypto #FollowTheCrypto #USpol

At this stage of the election cycle, cryptocurrency-focused PACs have contributed more overall to Democrats than to Republicans.

Most of this actually comes from opposition spending to Democrats. While many have assumed that crypto PACs’ opposition to Democrats was in support of Republicans, that’s not actually the case thus far, as I’ve laid out in a new page: https://www.followthecrypto.org/spending.

#crypto #cryptocurrency #FollowTheCrypto #USpol

Crossposting a comment I made on HN about Follow the Crypto, since I'm seeing a lot of this kind of whataboutism:

"I fully agree with you that the broader problem is Citizens United and the ability for corporations and the super wealthy to pour this much money into politics. In fact, I mention this here: FAQ.

I think projects like mine would be extremely valuable for all industries, and I'm enormously grateful to groups like OpenSecrets..."

https://www.mollywhite.net/micro/entry/202407141023

#crypto #FollowTheCrypto