The Crypto Industry Emerged As a ‘Political Money Death Star’ in 2024
Close your eyes and make a list of the most important issues in the 2024 election. Maybe you thought of the cost of living, abortion, immigration, democracy, climate change, gun violence, the war in Gaza, the Supreme Court. If you’re like the vast majority of voters, the word you probably didn’t think of is “cryptocurrency.”
But in the last year, the crypto industry quietly became the biggest corporate spender of the entire 2024 election. According to a report from the nonprofit watchdog Public Citizen, nearly half of the $274 million in corporate money contributed during this year’s elections came from crypto firms. For comparison, the second biggest spender, Koch Industries — the corporation made famous by Jane…
