đą Breaking News About Coinbase and US Campaign Finance Laws! đșđž
- Molly White & Public Citizen have filed an updated complaint with the Federal Election Commission, accusing Coinbase of violating campaign finance laws.
- Controversy surrounds a $25 million contribution to the Fairshake Super PAC while Coinbase was a federal contractor.
- Coinbase denies it is a federal contractor because it did not receive money from a fund approved by Congress.
- White & Public Citizen counters that the Assets Forfeiture Fund came from Congress, so Coinbase is still a federal contractor.
- Coinbase's Paul Grewal emphasizes that the seized assets did not come from Congress and that they have donated equally to both parties.
- Public Citizen's Rick Claypool criticizes Coinbase for using Citizens United to violate the law.
What do you think about this controversy? Comment below! đŹ
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