The SEC’s “Reg Crypto” aims to carve out exemptions, the CFTC wields emergency powers to shield prediction markets from state regulators, and a Trump family crypto firm gets a bank charter
A bit rich for Senator Bernie Moreno — by far the #1 beneficiary of crypto super PAC spending in 2024, now a champion of the industry's legislation — to accuse anyone of caping for special interest super PACs
The crypto industry has spent $200 million to get a bill too corrupt for Democrats to pass and a president too corrupt to sign anything that might meaningfully limit his grift.
The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
Tiffany Muller talks to me about what Citizens United enabled, how crypto and AI fit into the bigger picture of money in politics, and what it would actually take to fix this broken system.
Most voters don’t know that crypto and AI companies have spent more than $400 million this cycle to buy Congress. Let’s make that spending visible.
A crypto billionaire who escaped fraud allegations after investing hundreds of millions of dollars into the Trump family’s crypto projects is now accusing them of fraud
The White House says Commerce Secretary Howard Lutnick properly divested from Cantor Fitzgerald by transferring leadership to his sons.
Anyway GOP officials called Lutnick about a Cantor-funded PAC planning to spend $1.75M on Ken Paxton and the PAC reversed course, but that’s probably just how independent companies behave when the former owner gets a phone call.
When will they learn? The party remains far too solicitous of an industry that’s rewarded their fealty with four years of Trump and untold damage to democracy.
The new Fellowship crypto PAC has filed its first fundraising disclosure. It reports a $10 million contribution from Cantor Fitzgerald (previously headed by Commerce Secretary Howard Lutnick, now controlled by his sons) and $1 million from Anchorage Digital.
The Fellowship PAC launched in September with an announcement that they had $100 million committed. They've recently revealed that the PAC is headed by Tether's head of government affairs Jesse Spiro, and endorsed a slate of Republicans.
Fellowship PAC has made three independent expenditures so far, totalling $1.5M: