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The Crypto Industry’s Plan To Sink Unfriendly Democrats Is Backfiring

The Crypto Industry’s Plan To Sink Unfriendly Democrats Is Backfiring

WASHINGTON — Rep. Al Green (D-Texas) survived more than $1 million in spending against him by the cryptocurrency industry in his Democratic primary earlier this month. Green said he now feels “liberated.”

“Today, I am going to embrace the topic that has caused a good deal of consternation in this Congress, a topic that many people would say it would be injudicious to embrace, because of the consequences,” Green said in a speech on the House floor Thursday. “Why is the crypto industry spending mega millions of dollars to control Congress?”

Most Democrats have spent the months since the 2024 election aiming to avoid angering the crypto industry, especially after it made an example out of former Rep. Katie Porter (D-Calif.)…

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