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.
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.