Surge in Political Influence and Spending by Crypto Firms

A report from the Center for Political Accountability reveals that cryptocurrency companies spent over $134 million in the 2024 elections, highlighting their growing political influence. The report raises concerns about potential conflicts of interest, especially with the Trump administration's favorable stance towards the crypto industry, including dropping significant SEC lawsuits against major crypto firms. Critics warn of the risks associated with deregulation and the unchecked rise of crypto's role in politics. 
THEGUARDIAN.COM