Crypto, AI, and AIPAC Set up to Smash Super PAC Spending Records
The groups are sitting on massive war chests for 2026 midterms, according to new disclosures.
The groups are sitting on massive war chests for 2026 midterms, according to new disclosures.
Eyeing major legislative wins, the cryptocurrency industry is on pace to spend a record amount on federal lobbying, according to a Sludge analysis of disclosures covering the first half of 2025.
Trump Media & Technology Group's crypto partners in the new venture are also lobbying Congress to pass major industry-friendly legislation now being advanced.
In a closer-than-expected Florida special election, a top crypto industry super PAC is shelling out for Republican Randy Fine, who has been out-raised by Democrat Josh Weil.
The next Congress, dubbed “the most crypto-friendly Congress ever” after massive election spending by the industry, will have a crypto-savvy Arkansas Republican atop a key committee.
Crypto industry super PACs have now poured $120 million into 2024 elections, backing a blend of Republicans and Democrats in key races.
The donations are on top of the approximately $25 million the company has recently donated to pro-crypto super PACs.