📢 Big Crypto’ dominates US election spending and exploits consumers, report finds: 💰💰💰😱😱😱💰💰💰👍👍
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🔥🔥 Crypto corporations have become the dominant force in federal election spending, spending over $119 million to influence the U.S. election outcome.
According to a report by the non-profit organization Public Citizen, nearly half of all corporate money contributed to this year’s United States elections came from crypto backers, totaling $248 million.
This makes the crypto industry the largest corporate political spender in 2024, with Koch Industries, primarily known for oil and gas, a far second, contributing $28.25 million to support Republican candidates and causes.
According to the report, the massive investment has primarily been funneled into the nonpartisan super PAC Fairshake, which is dedicated to electing pro-crypto candidates and defeating those skeptical of the sector.
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