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

PAC spending by party | Follow the Crypto

Cryptocurrency-focused spending in the 2024 election cycle, broken down by political party.

Follow the Crypto

It's worth noting that in races where PACs have opposed candidates but have not supported any candidates (CA Senate primary, NY-16 Dem primary), they are clearly more focused on ousting candidates they view as anti-crypto rather than on supporting any specific candidate.

#crypto #cryptocurrency #FollowTheCrypto #USpol

@molly0xfff

Thank you for doing this. I think it might be helpful to split primary and general election donations, to show how donations to Dems in primaries are basically against other Dems (like Katie Porter).