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Crypto Super PACs spend $1.3M on candidates as early voting continues

Coin Telegraph
Crypto Super PACs spend .3M on candidates as early voting continues
Coin Telegraph

The Fairshake and Defend American Jobs PACs reported media buys for GOP and Democratic candidates in the House of Representatives ahead of the elections.

With many areas of the United States already allowing residents to cast their ballots in the 2024 election, cryptocurrency-backed political action committees (PACs) have reported roughly $1.3 million worth of expenditures to support the campaigns of Democratic and Republican candidates for the House of Representatives.

In an Oct. 17 filing with the Federal Election Commission (FEC), the Fairshake PAC reported spending more than $900,000 in a media buy supporting Democratic Representative Thomas Suozzi for New York’s 3rd Congressional District. The same PAC disclosed it had spent more than $60,000 on a media buy for Democratic Representative Yadira Caraveo for Colorado’s 8th Congressional District.

Source: FEC

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MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Sen. Warren calls out Deaton’s ‘pro-bono work for crypto’ in 2nd debate

Coin Telegraph
Sen. Warren calls out Deaton’s ‘pro-bono work for crypto’ in 2nd debate
Coin Telegraph

The Oct. 17 debate was likely the final time the two Senate candidates faced off before the November election.

Massachusetts Senator Elizabeth Warren faced off against lawyer John Deaton in their second and final debate to discuss policies before the November election. The Senator attacked Deaton for his ties to the cryptocurrency industry in an apparent effort to appeal to voters.

In a debate streamed by New England Public Media and GBH News on Oct. 17, Senator Warren reiterated her earlier claims that cryptocurrency transactions were tied to “drug cartels” and “terrorists,” calling for rules of the road for the industry. The two candidates made different allegations over corruption, with Senator Warren calling out Deaton over his loyalty to crypto backers.

“80% of Mr. Deaton’s wealth is tied up in crypto, 90% of his funding from this campaign is coming from crypto, and 100% of his loyalty in Washington will be to crypto: that is corruption,” said Senator Warren.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Better Know a Crypto Candidate: Kari Lake

Coin Telegraph
Better Know a Crypto Candidate: Kari Lake
Arizona

As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain.

Kari Lake is running to represent the state of Arizona in the United States Senate. A far-right Republican who refused to concede her loss in the state’s 2022 gubernatorial election, Lake will face off against Democrat Ruben Gallego in November.

In August, Lake updated her campaign platform to include “building a robust but open framework to protect the cryptocurrency economy.”

She claimed to be a “pro-crypto candidate” on X, supporting some of Republican presidential candidate Donald Trump’s statements advocating for Bitcoin (BTC) “as a last line of defense against our foreign adversaries.”

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Experts hint Donald Trump consider Robinhood exec to lead SEC: Report

Coin Telegraph
Experts hint Donald Trump consider Robinhood exec to lead SEC: Report
Coin Telegraph

Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.

Several former United States regulators and securities lawyers reportedly said Robinhood chief legal officer Dan Gallagher could be a contender for Republican presidential hopeful Donald Trump’s pick to lead the Securities and Exchange Commission (SEC) if he is victorious in November. 

According to an Oct. 7 Politico report, one former SEC official said Gallagher would be a “natural choice” to chair the securities regulator under Trump. Gallagher served as an SEC commissioner from 2011 to 2015 and became the CLO at Robinhood in 2020.

In July, Trump claimed that if he were to defeat US Vice President Kamala Harris in November’s presidential election, he would fire SEC Chair Gary Gensler “on day one.” As of October, many polls showed the Republican candidate neck and neck with Harris nationwide and in crucial battleground states.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Kamala Harris leading in 4 of 6 swing states on Polymarket

Coin Telegraph
Kamala Harris leading in 4 of 6 swing states on Polymarket
2024 presidential election

According to the current Polymarket odds, 77% of participants believe Vice President Kamala Harris is favored to win the popular vote.

As the 2024 election draws closer, Vice President Kamala Harris has flipped four out of the six swing states on Polymarket, including Wisconsin, Pennsylvania, Michigan, and, most recently Nevada.

The Vice President's lead is widest in Michigan — where her odds are 66% — followed by Wisconsin at 58% and razor-thin margins in Pennsylvania and Nevada at 52% and 51%, respectively.

Harris' odds of victory in the 2024 Presidential election on the prediction market have shot up to 52% compared to Trump's 47% — a solid 5-point lead.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

6% want to hear Harris and Trump talk about crypto at debate — Poll

Coin Telegraph
6% want to hear Harris and Trump talk about crypto at debate — Poll
Coin Telegraph

The first and possibly only US presidential debate in 2024 will have the two candidates meeting in person for the first time.

Democratic nominee Kamala Harris and Republican Donald Trump are scheduled to face off at their first United States presidential debate on Sept. 10 — and, according to a recent poll, not many people expect the two candidates to discuss digital assets.

According to a survey conducted by Benzinga between Sept. 9 and 10 among 133 adults, only 6% were most interested in hearing either Vice President Harris or Trump talk about cryptocurrency. Roughly 45% said they preferred to listen to the presidential candidates discuss the economy and jobs, with 24% suggesting immigration be a topic. 

The first and possibly only US presidential candidate in 2024, scheduled for 9:00 pm ET on ABC News, will occur 56 days before Election Day and six days before in-person early voting begins in Pennsylvania. Trump has claimed to be a Bitcoin (BTC) and crypto advocate as part of his 2024 campaign, while Vice President Harris has been largely silent about her position on digital asset policies. 

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Crypto Super PAC pours $660K into Senate race as US election closes in

Coin Telegraph
Crypto Super PAC pours 0K into Senate race as US election closes in
Coin Telegraph

With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide.

The Commonwealth Unity Fund, a political action committee (PAC) primarily funded by contributions from the co-founders of Gemini and Ripple Labs, has spent more than $600,000 toward the election of Republican candidate John Deaton in the United States Senate.

According to Federal Election Commission (FEC) records filed on Sept. 6, Commonwealth spent roughly $330,000 on media buys opposing Democratic incumbent Elizabeth Warren in the Massachusetts US Senate race. The Super PAC also spent the same amount on a media placement supporting Deaton.

The media buy marked one of the first significant expenditures from a crypto-backed Super PAC since Deaton won the Republican nomination for the US Senate race on Sept. 3. Backed by crypto industry leaders including the Winklevoss twins and Kraken co-founder Jesse Powell, the Republican candidate seeks to unseat Sen. Warren, who has served as Massachusetts’ Democratic Senator since 2013. 

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Advocates call for crypto to be discussed at US presidential debate

Coin Telegraph
Advocates call for crypto to be discussed at US presidential debate
Coin Telegraph

The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign.

With four days until a debate between presidential candidates Kamala Harris and Donald Trump in what has been described by many as one of the most tumultuous elections, industry advocates are looking for clarification on crypto from the party nominees.

On Sept. 5, the crypto advocacy group Chamber of Progress sent a letter to ABC News journalists Linsey Davis and David Muir calling for the pair to raise the topic of digital assets at the next US presidential debate. Muir and Davis will moderate what could be the first and only debate between Vice President Harris and Trump on Sept. 10.

“Voters deserve to know where the nominees stand on crypto before they head to the ballot box in November,” said Chamber of Progress.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is

Coin Telegraph
Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is
Coin Telegraph

A spokesperson for the Harris campaign confirmed with Cointelegraph that the Future Forward PAC was set up to receive crypto donations to support the Democratic candidate.

Coinbase’s chief financial officer suggested that United States Vice President Kamala Harris’ campaign accepted crypto donations through the exchange’s Commerce platform. 

On Sept. 4, Coinbase CFO Alesia Haas spoke at Citi’s 2024 Global TMT Conference in New York, saying Vice President Harris had a “huge opportunity” to court voters in the 2024 election by supporting legislation favoring the crypto industry. Haas added that the Democratic presidential candidate was “using Coinbase Commerce now to accept crypto for her own campaign,” leading to reports that the campaign was directly accepting contributions in digital assets.

However, a spokesperson for the Harris campaign said that at this time, the campaign was able to receive crypto contributions through the Future Forward political action committee (PAC). According to Open Secrets, the Super PAC has raised more than $163 million for Harris’ bid to defeat Republican nominee Donald Trump in the November election.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out

Coin Telegraph
Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
Coin Telegraph

With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.

Paul Grewal, the chief legal officer at cryptocurrency exchange Coinbase, said that despite the different approaches that major party candidates are taking in the United States 2024 presidential election, he was encouraged by the Democratic ticket. 

In a Sept. 3 interview with Bloomberg, Grewal said Coinbase had been in touch with representatives from Democratic candidate Kamala Harris’ and Republican Donald Trump’s campaigns regarding their attempts to engage with the industry before the November election. The Coinbase CLO said Trump’s campaign had been “explicit” in its claims about embracing pro-crypto policies but hinted Harris officials also seemed to have an open-minded approach to digital assets. 

“[W]e’ve been encouraged, even as the current administration under [Securities and Exchange Commission (SEC) Chair] Gary Gensler continues with its campaign of regulation by enforcement, the Harris campaign [...] has reached out, has expressed an interest, and has begun discussions about what a new approach to crypto and digital assets could look like,” said Grewal.

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MIND of Pepe Presale Hits M – Next Big AI Agent Crypto?

MIND of Pepe Presale Hits $2M – Next Big AI Agent Crypto?

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