PoliticsCrypto firms put $206 million behind the midterms: who their political machine is backing
Crypto corporations gave $206 million to super PACs and hybrid PACs through the second quarter of 2026, according to a Public Citizen analysis of FEC records, making the sector the largest disclosed corporate donor group in the midterm cycle. Fairshake reported about $70 million in independent expenditures across 54 races, with spending supporting Republicans and Democrats while other crypto-linked groups operated separately.
Crypto firms put $206 million behind the midterms: who their political machine is backing
Politics