According
to
Public
Citizen’s
report,
$107.9
million
of
the
$203
million
raised
by
Fairshake
has
come
directly
from
crypto
companies,
the
rest
from
large
donations
made
by
deep-pocketed
and
prominent
individuals
in
the
tech
and
crypto
industries
including
the
Winklevoss
twins
and
Coinbase
CEO
Brian
Armstrong.
The
author
of
Public
Citizen’s
report,
research
director
Rick
Claypool,
described
the
crypto
industry’s
political
spending
as
“unprecedented.”
Crypto
companies’
direct
spending
in
the
past
three
election
cycles
totals
$129
million,
or
15%
of
all
known
corporate
contributions
since
2010,
the
year
that
the
U.S.
Supreme
Court
ruled
in
Citizens
United
v.
Federal
Election
Commission
that
corporations
have
a
First
Amendment
right
to
make
unlimited
donations
to
candidates
via
PACs.
