Crypto Lobbying

{{ Ripple, Coinbase and the venture capital firm Andreessen Horowitz have each donated about $50 million to the crypto PACs, which plan to spend those funds in several competitive Senate races.

“A single relatively small industry is literally trying to buy enough politicians to hijack the public agenda,” said Dennis Kelleher, the president of Better Markets, a financial reform advocacy group. “It’s pretty breathtaking.” }}

US Congressmen and Senators come pretty cheap compared to politicians for sale in other countries. For S150 million, you could buy a majority several times over.

intercst

2 Likes