Amid Heated Trump-Harris Battle, Crypto Industry Pours 'Unprecedented' $119M Into 2024 Elections - Here Are The Biggest Donors
Amid Heated Trump-Harris Battle, Crypto Industry Pours 'Unprecedented' $119M Into 2024 Elections - Here Are The Biggest Donors
The cryptocurrency industry has reportedly committed a staggering $119 million to the 2024 presidential election, in a coordinated effort to boost industry-friendly candidates and defeat those who are skeptical
据报道,数字货币行业据称在2024年总统选举中投入了惊人的1.19亿美元,协同努力提振友好行业候选人的士气并击败持怀疑态度的人。
What Happened: A report by nonprofit consumer advocacy group Public Citizen revealed that this year's cryptocurrency industry spending on the elections is unprecedented, making up 48% of all corporate money invested. For context, just over $5 million was poured into the 2020 elections, which is a tiny fraction of this year's spending.
最近,非营利性消费者倡导组织Public Citizen的一份报告揭示,今年数字货币行业对选举的支出是前所未有的,占了所有企业投资的48%。为了有所参考,2020年的选举只有500多万美元的投入,只是今年支出的一小部分。
Major companies, primarily Coinbase and Ripple, have channeled the majority of these funds, almost exclusively into super political action committees (PAC) dedicated to promoting pro-cryptocurrency candidates. The main recipient of this cash boost is Fairshake PAC, which raised a total of $202.9 million.
主要公司主要包括Coinbase和Ripple已将大部分资金几乎全部投入到致力于推进支持数字货币候选人的超级政治行动委员会(PAC)。这些资金的主要受益者是Fairshake PAC,共筹得2.02亿美元。
New @Public_Citizen report shows crypto corporations are exploiting the Supreme Court's 2010 Citizens United ruling to an unprecedented degree, dwarfing spending by Big Oil and other corporate sectors in the 2024 elections. pic.twitter.com/x7ItuKaH0t
— Rick Claypool (@RickClaypool) August 21, 2024
新的@Public_Citizen报告显示,加密公司在2024年选举中在利用《公民联合案》中的《2010年诉公民联合案》裁决程度上前所未有,超过了大石油和其他企业部门的支出。pic.twitt.com/x7ItuKaH0t
— Rick Claypool (@RickClaypool) August 21,2024
Major crypto corporations, primarily Coinbase and Ripple, have channeled the majority of these funds, almost exclusively into super PACs dedicated to promoting pro-crypto candidates and challenging those skeptical of cryptocurrency. The main recipient of this crypto cash influx is Fairshake PAC, the largest super PAC in this election cycle, with a war chest exceeding $202 million.
主要的加密公司主要包括Coinbase和Ripple,将大部分资金几乎全部投入到致力于推进支持加密货币候选人并挑战对加密货币持怀疑态度的超级政治行动委员会(PAC)。这次加密货币资金涌入的主要受益者是Fairshake PAC,本届选举周期中最大的超级政治行动委员会,资金达到2.02亿美元以上。
The report highlighted that total spending by the cryptocurrency industry has ballooned to $129 million over the last three election cycles, second only to fossil fuel corporations.
该报告指出,数字货币行业在过去三个选举周期中的总支出已飙升至1.29亿美元,仅次于化石燃料公司。
Why It Matters: The heavy investment by the industry underscores its efforts to make cryptocurrency regulation a key issue for 2024 candidates.
为什么重要:行业的大量投资凸显了其努力使数字货币监管成为2024年候选人的关键问题。
According to Open Secrets, Fairshake PAC has spent $14.8 million in this year's elections, with more than 90% of it spent against Democratic candidates.
根据公开秘密,Fairshake PAC在今年的选举中花费了1480万美元,其中超过90%的资金用于反对民主党候选人。
Cryptocurrency has risen as a big political issue in the upcoming elections, with Republican candidate Donald Trump revealing a friendlier stance, while rival Kamala Harris also taking steps to boost the industry's growth in the U.S.
数字货币已成为即将到来的选举中的一个重要政治问题,共和党候选人特朗普表达了更友好的立场,而对手卡玛拉·哈里斯也采取措施促进该行业在美国的增长。