**Crypto PACs: Where’s the Money Going? 🤔💸**

Coinbase’s Stand With Crypto PAC, launched in May to support 2024 US election candidates, has some explaining to do. Despite claims of $179M in donations from crypto advocates, FEC filings reveal just $13,690 in contributions from April to June, mostly from Coinbase insiders.

So, where did the rest of the money go? Turns out, $178M was funneled to the Fairshake PAC for attack ads and media buys. The Stand With Crypto project itself received a modest $1.49M.

Curious about crypto's political influence? Drop your thoughts in the comments!