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Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
10.5.2024
The fast-growing organization of cryptocurrency supporters, Stand With Crypto, is getting into campaign financing with the opening of its own political action committee (PAC) that will make direct donations to endorsed congressional candidates, said Chief Strategist Nick Carr
Crypto Is an Election Issue This Year. Is That a Good Thing?
8.5.2024
A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
6.2.2023
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
12.11.2022
On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning...
Philanthropic FTX Foundation Sunsets Operations Amid Bankrupt Exchange’s Fallout
11.11.2022
The philanthropic effort created by the troubled crypto exchange FTX has detailed it is sunsetting operations and told the community that members were “shocked and immensely saddened” by the turn of events that transpired around the trading platform. Sam Bankman-Fried’s Altruistic Efforts...
Pro-Crypto PAC Giving $50 in Bitcoin to the Campaign of Each Member of Congress
5.10.2020
In a bid to raise awareness, the Chamber of Digital Commerce’s PAC is contributing $50 in bitcoin to the campaign of each congressperson
HODLpac Enlists Winklevoss Twins, Brian Armstrong in Bid to Influence Crypto Policy in Washington
23.3.2020
A new crypto-focused political action committee will direct funds to Congressional candidates – but with a decentralized twist
Can PACs Popularize Cryptocurrency Donations in US Politics?
31.8.2019
As BitPAC plans to launch an ICO in support of 2020 candidate, can PACs popularize cryptocurrency donations in the U.S. politics?