Crypto donations for 2024 U.S. election hit $190m | Headlines | News | CoinMarketCap

09/14/2024 00:56
Crypto donations for 2024 U.S. election hit $190m | Headlines | News | CoinMarketCap

Cryptocurrency donations for the 2024 U.S. election have accelerated as the November vote draws closer. Fox journalist Eleanor Terret shared details …

Cryptocurrency donations for the 2024 U.S. election have accelerated as the November vote draws closer.

Fox journalist Eleanor Terret shared details on Sept. 13 of an analysis that showed campaign teams across the political divide have attracted $190 million in crypto donations so far.

Having received millions of dollars from crypto billionaires and the broader industry, the 2024 U.S. election cycle is well above the last cycle. Indeed, it dwarfs the combined donations from the crypto industry during the 2020 and 2022 cycles.

0nly $15 million in 2020

In 2020, crypto donations reached roughly $15 million, while the midterm elections in 2022 netted $98 million.

Notably, the $15 million in 2020 reportedly included a staggering $5.2 million donation from jailed former FTX chief …

Read more --->