๐Crypto PAC Fairshake, backed by Ripple & Coinbase, splurges $2M+ against Democratic Rep. Jamaal Bowman's reelection. Bowman's crime? Voting against crypto-friendly FIT21 Act, CBDC Anti-Surveillance Act, & a resolution on banks handling crypto.๐
Bowman's opposition to crypto didn't sit well with Fairshake, who accused him of "pushing dangerous conspiracy theories." Meanwhile, George Latimer, Bowman's contender, has been mum on digital assets.๐ค
Crypto industry's political activism is heating up as Election Day nears. Coinbase, an original Fairshake backer, donated another $25M to the Super PAC, ballooning its funds to a whopping $160M.๐ฐ
Crypto mining execs are also educating voters about Bitcoin, aiming to sway U.S. elections. The crypto world is clearly not just about mining and trading anymore, folks!๐
What do you think about crypto's increasing influence in politics? Share your thoughts below!๐ #DeFi #Web3 #CryptoPolitics