With crypto’s most prolific U.S. political donors in FTX_Official freefall, rival BinanceUS has picked now as a good time to unveil a political action committee. jesseahamilton reports
One of Binance’s surviving rivals, Coinbase, had established a PAC earlier this year – also called Coinbase Innovation PAC – though it’s only given $38,000 so far, according to federal campaign records. The real
had belonged to two FTX executives – former CEO Sam Bankman-Fried and Ryan Salame, who has shared the helm of FTX Digital Markets, for their firehose that sprayed tens of millions of dollars into congressional campaigns across the country.PAC arrives as the dust settles on this month’s congressional elections, so it has a full two years to gear up for the next federal races, including for the White House.
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