Crypto has become one of the most powerful forces in political donations. But will it impact the election? Wed, May 8, 2024, 3:13 PM GMT+2 4 min read 0 Advertisement Up next Crypto Princip...
Coinbase Global, Inc. - Class A (COIN)
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Look no further than Brock Pierce, the Mighty Ducks child-star-turned-Tether-founder, who ran for president and the Senate in two separate races, or the Bitcoiner Bruce Fenton, who received a respectable 4.47% of the Republican primary vote for the 2022 New Hampshire Senate seat. But for all its adherence to transparency, crypto's most influential role in politics has not been the vanity candidacies of blockchain advocates, but the growing prevalence of dark money. Corporations may not get a vote, but thanks to the 2020 Supreme Court ruling Citizens United , they do get to spend as much money on races as they want, often through organizations that obscure the identity of their donors. Sam Bankman-Fried took full advantage, funneling money into races through individual donations and Super PACs, which do not cloak their benefactors, although he later admitted that he likely gave tens of millions of dollars to Republican candidates through dark money channels. (The Department of Justic
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News
- The Mooch, Andrew Yang, and crypto's tipping point [Yahoo! Finance]Yahoo! Finance
- Bitcoin Breakout: 2 Top Ranked Stocks for the Next Leg Higher [Yahoo! Finance]Yahoo! Finance
- The Mooch, Andrew Yang, and crypto's tipping point [Fortune]Fortune
- Fund Managers Brace for SEC Rejection of Ether-ETF Applications [Yahoo! Finance]Yahoo! Finance
- Fund Managers Brace for SEC Rejection of Ether-ETF Applications [BNN Bloomberg (Canada)]BNN Bloomberg
COIN
Earnings
- 5/2/24 - Beat
COIN
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- COIN's page on the SEC website