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How Crypto Donations Shaped the 2024 US Elections Outcome

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by Giorgi Kostiuk

17 hours ago


Former Kraken legal officer Marco Santori speaks on the impact of crypto donations on the 2024 US elections.

Role of Crypto Campaigns in 2024 Elections

Crypto companies made significant contributions to the political campaigns of 2024, supporting candidates in a way that experts believe altered the election outcomes.

Santori’s View on Political Donations

Marco Santori sees donations as a manifestation of democracy, facilitating the pursuit of voters' personal interests.

Detractors only call it a conflict of interest when it is a cause they do not believe in, otherwise, it's just democracy at work.Marco Santori

Crypto Industry's Election Spending

According to Public Citizen, crypto firms poured approximately $119 million into supporting candidates in the 2024 elections, accounting for nearly half of all corporate donations.

The active involvement of the crypto industry in political campaigns became a significant factor in the 2024 elections, influencing their outcomes and setting new standards for corporate sector participation in politics.

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