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

by SB Crypto Guru News
August 21, 2024
in Bitcoin
Reading Time: 1 min read
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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.



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Tags: Bitcoin NewsCompaniesCorporateCryptoCrypto NewsCrypto UpdatesCycleelectionfindsLatest News on CryptoSB Crypto Guru NewsSpendingStudy
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