Crypto executives are now pouring more money into US politics than many of America’s industrial stalwarts.
Political donations from the sector surged to more than $26 million during 2021 and the first three months of this year. That influx of cash is outpacing spending by internet giants, drug makers and the defense industry — providing a fresh pool of financing for candidates heading into November’s congressional elections.
Source: Crypto Bosses Flex Political Muscle With 5,200% Surge in US Giving – Bloomberg
