Reported about 1 month ago
The crypto sector has significantly increased its spending in the political arena, with over $119 million directed towards influencing U.S. elections to promote pro-crypto policies. The largest contributors include Coinbase, which invested more than $50 million, and Ripple, contributing around $49 million. This surge in political spending is being leveraged in light of the Supreme Court's 2010 Citizens United ruling, allowing corporations to utilize super PACs to sway election outcomes in their favor.
Source: YAHOO