Molly WhiteI wonder if Coinbase routinely calls up newsrooms to try to blackball people who criticize them, or if I'm just special
This is what they're mad about:
https://www.citationneeded.news/coinbase-campaign-finance-violation/
Coinbase appears to have violated campaign finance laws with a $25 million super PAC donation
Actively involved in contract negotiations with a federal government agency, Coinbase was likely prohibited from making its $25 million contribution to the Fairshake cryptocurrency-focused super PAC in May 2024.
Glyph@molly0xfff reading this it occurs to me that there is a second loophole but perhaps I am just being a doomer here — it seems extremely likely to me that the Trump administration just shuts down the FEC completely or at least blows up every complaint against republican donors somehow. But I don’t know the mechanics here. Are there safeguards in place that could stop that from happening?
@glyph unfortunately it might not even take that — the FEC is fairly toothless and partisan
@molly0xfff well, that sucks, but I really appreciate you taking the time to answer!
⚯ Michel de Cryptadamus ⚯@glyph @molly0xfff the FEC, like most¹ of the american governmental institutions designed to restrain the rich, stopped functioning years ago and didn't have much teeth to begin with. we live in a world where the time it takes to complete the judicial process of charging a wealthy person with some kind of violation is rapidly approaching the life span of a human being.
¹ soon to be "all"