Regulation
Crypto Titans’ $160 Million War Chest Threatens Senate Democrats
Crypto billionaires and their allies have amassed a $160 million war chest to protect their fortunes by backing U.S. candidates favoring light regulation of the ailing industry.
This staggering sum makes the crypto industry one of the most influential players in federal campaign finance. It’s the kind of money that has already proven it can disrupt a California Senate race. In November, this could play a crucial role in handing the Senate majority to the Republicans.