Newsletter: A Trump crypto adviser’s firm took millions from Tether while he shaped stablecoin rules in their favor, a Senate probe targets Commerce Secretary Lutnick’s not-so-former firm, and crypto’s biggest super PAC plays it safe.
https://www.citationneeded.news/issue-111/
#crypo #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
@cbowns@xoxo.zone Yep. She’s also received a bit under $16k in support from AB PAC, which is that tiny sliver if you really squint at the far end of the bar. It’s considered a safe race, so most PACs that are concerned with winning competitve races (vs. just rewarding allies) are focusing their spending elsewhere. The crypto spending is actually 98% of independent expenditures to support Bynum; the grey bar is Bynum’s own fundraising.
@molly0xfff@hachyderm.io shout out from OR-5! is the tracker showing basically 100% of attributable PAC spending in the race? If so, I’m quite surprised that a ~third of outside spending is coming from crypto for Bynum, that’s so so high