Bitcoin (BTC) Leads Crypto Industry’s $100M Super PAC Investment for 2024 US Elections
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- A recent report by OpenSecrets.org reveals that cryptocurrency industry Super Political Action Committees (PACs) have accumulated a $102 million war chest for the upcoming 2024 US congressional elections.
- The funds are being used to influence elections in favor of pro-crypto candidates and impede regulatory measures within the industry.
- Over half of the funds raised originate from direct corporate expenditures, primarily attributed to Coinbase and Ripple Labs.
Cryptocurrency industry PACs are gearing up for the 2024 US elections, with a $102 million war chest. The funds are being used to support pro-crypto candidates and impede regulatory measures.
