[1]Justice Democrats
John,
A new article from Slate is warning of a “corporate money Death Star” in
the form of political contributions from the crypto lobby:
[ [link removed] ]AD_4nXf13IFCC-mEjCh-EY5Or6s6GANLugnV_0bny9ewQUQtZ9cqftsXXHnbX8uXxwJspiHga7mRZ3DIEXFT5NG2JFwil8xrbklV1ZJlPf7vPGTbhJHczBF2HhW8.png
Despite the downfall of cryptocurrency company FTX and its billionaire
founder Sam Bankman Fried in 2022, there’s been a resurgence of crypto
industry donations into political campaigns ahead of this November’s
election.
As Slate says, “Faceless, but more menacing and powerful than ever, with
four times the money, crypto is wreaking havoc on the 2024 election
cycle.” The crypto industry’s super PAC Fairshake has dropped $203 million
on political races so far this election, with crypto making up half of all
corporate spending.
Why? They’re trying to buy their way out of being regulated, hoping to
fill Congress with right-wing politicians who will vote in their best
interests instead of the people’s.
Crypto’s political spending poses the same existential threat to our
democracy as AIPAC, and they’re already following their playbook by
running tens of millions of dollars worth of ads in critical Senate and
House districts without even mentioning the issue of cryptocurrency.
Just like with AIPAC, we need Democrats and Party leaders to stand united
against this influx of corporate spending in our elections, and show that
our democracy ISN’T for sale.
[ [link removed] ]We’re gearing up to recruit the next generation of progressive
candidates to run for Congress in 2025 and 2026 who will reject donations
from dark money Super PACs like Fairshake and put people before corporate
profits. Will you fuel our efforts by pitching in $5 now?
[ [link removed] ]Contribute $5
In solidarity,
Justice Democrats
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