John,

A new article from Slate is warning of a “corporate money Death Star” in the form of political contributions from the crypto lobby:

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.

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?

Contribute $5

In solidarity,

Justice Democrats