The crypto bros poised to make billions from Trump presidency as Bitcoin booms
The cryptocurrency industry has become an astonishingly effective Washington lobbying force in recent years.
Three political action committees, Fairshake, Defend American Jobs and Protect Progress, spent more than $133m supporting both Republican and Democrat candidates who voiced pro-crypto views during the campaign.
As of Monday morning, 52 out of 56 House and Senate candidates backed by the three organisations had won election or were leading races.
Armstrong, whose company was one of the biggest donors to pro-crypto campaign groups, said it would be the “most pro-crypto Congress ever”.
But Trump himself was the big prize. While Kamala Harris had made a late attempt to embrace the crypto industry,…
