The Crypto Lobby Seeks to Influence US Politics: A Peek at Their Smear Campaign and False Narrative | HackerNoon
Briefly

from Hackernoon4 months ago
Cryptocurrency firms are heavily investing in election campaigns to influence Congress and increase their public presence, deploying tactics like smear campaigns and massive financial contributions.
Hackernoonhttps://hackernoon.com/the-crypto-lobby-seeks-to-influence-us-politics-a-peek-at-their-smear-campaign-and-false-narrative?source=rss
Coinbase donated $46.5 million to Fairshake's super PAC and is leading lobbying efforts to mobilize crypto owners, despite discrepancies in the number of holders reported by Morning Consult and US Federal Reserve.
Hackernoonhttps://hackernoon.com/the-crypto-lobby-seeks-to-influence-us-politics-a-peek-at-their-smear-campaign-and-false-narrative?source=rss
US Federal Reserve data shows only 7% of the population owns crypto, contradicting Morning Consult's claim of 52 million owners. The number of holders is declining, pointing to misrepresentation in industry advocacy campaigns.
Hackernoonhttps://hackernoon.com/the-crypto-lobby-seeks-to-influence-us-politics-a-peek-at-their-smear-campaign-and-false-narrative?source=rss
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