The creator of Public Citizen’s report, analysis director Rick Claypool, described the crypto business’s political spending as “unprecedented.” Crypto firms’ direct spending previously three election cycles totals $129 million, or 15% of all identified company contributions since 2010, the 12 months that the U.S. Supreme Court docket dominated in Residents United v. Federal Election Fee that firms have a First Modification proper to make limitless donations to candidates through PACs.
