How Crypto Corruption Took Over Washington

A cartoon image of US President Donald Trump with Bitcoin tokens at a Coinhero store in Hong Kong, China, on Friday, March 7, 2025.

(Leung Man Hei / Bloomberg via Getty Images)

Over the last few years, crypto currency has emerged as a political powerhouse, thanks to tens of billions in campaign donations. As Jacob Silverman reports in a recent feature in The Nation, “crypto, despite being a relative flop commercially, has infiltrated American politics.” This is most bluntly obvious in Donald Trump, who has become a crypto king in corrupt schemes that have enriched him and his family in billions of dollars. But almost as corrupt are the members of Congress, of…

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