Crypto’s Political Machine $263 Million to Rival Big Oil
Fresh off its success in the 2024 elections, the crypto industry is amping up its spending power ahead of the 2026 midterms. A handful of crypto-focused super political action committees...
By Bloomberg Markets · Bloomberg Markets
Fresh off its success in the 2024 elections, the crypto industry is amping up its spending power ahead of the 2026 midterms. A handful of crypto-focused super political action committees are building up a war chest of around $263 million, according to Federal Election Commission filings and public statements. That is nearly double what the largest one, Fairshake, deployed in 2024, according to data from OpenSecrets. Bloomberg's Bill Allison reports on "Bloomberg Crypto". (Source: Bloomberg)