A significant increase in cryptocurrency donations to US elections has been reported. FOX reporter Eleanor Terrett, citing data from Breadcrumbs.app, revealed that the crypto industry has contributed a staggering $190 million to the 2024 US election cycle so far. This represents a massive leap compared to the $15 million donated in the 2020 election.
This substantial rise suggests a growing interest from the cryptocurrency industry in influencing US politics. The specific causes behind this surge and the potential beneficiaries of these donations remain unknown at this time. However, this development highlights the growing influence of the cryptocurrency industry and its desire to shape the political landscape.
