#politics "When Schumer says, “Crypto is here to stay no matter what,” he really means that their campaign cash is seemingly bottomless and too formidable to oppose. 1/2 https://prospect.org/power/2024-08-15-democrats-complete-big-crypto-reset/
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The industry mobilized this year, forming a network of independent expenditures under the umbrella of Fairshake to weaponize a broken campaign finance system to their advantage. Fairshake has become the single largest outside spender in this year’s elections thus far, with $120 million in cash on hand, even greater than the notoriously well-armed American Israel Public Affairs Committee (AIPAC)." 2/2