Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds

The
author
of
Public
Citizen’s
report,
research
director
Rick
Claypool,
described
the
crypto
industry’s
political
spending
as
“unprecedented.”
Crypto
companies’
direct
spending
in
the
past
three
election
cycles
totals
$129
million,
or
15%
of
all
known
corporate
contributions
since
2010,
the
year
that
the
U.S.
Supreme
Court
ruled
in
Citizens
United
v.
Federal
Election
Commission
that
corporations
have
a
First
Amendment
right
to
make
unlimited
donations
to
candidates
via
PACs.