Political donations from the crypto industry have reached $190 million this cycle, significantly surpassing previous election years. Cameron and Tyler Winklevoss contributed over $10 million, making them the largest individual crypto donors in the 2024 election cycle. Their donations included $1.7 million in Bitcoin to the Trump 47 Committee. Ripple executives have collectively given over $3 million, with co-founder Chris Larsen donating over $2 million to help Democratic candidates. Kraken co-founder Jesse Powell and Coinbase CEO Brian Armstrong have also made significant contributions.
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00:00It's Benzinga, and here's what's on the block.
00:03Political donations from the crypto industry have reached $190 million this cycle, significantly
00:08surpassing previous election years.
00:11Cameron and Tyler Winklevoss contributed over $10 million combined, making them the largest
00:15individual crypto donors in the 2024 election cycle.
00:19Their donations included $1.7 million in Bitcoin to the Trump 47 committee.
00:24Ripple executives have collectively given over $3 million, with co-founder Chris Larson
00:29donating over $2 million to help Democratic candidates.
00:32Kraken co-founder Jesse Powell and Coinbase CEO Brian Armstrong have also made significant
00:37contributions.
00:38For all things money, visit Benzinga.com.