writes citationneeded.news • runs @web3isgoinggreat.com and @followthecrypto.org • tech researcher and cryptocurrency industry critic • software engineer • wikipedian
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Molly White
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Tech's biggest political spenders so far this cycle:
• Andreessen Horowitz: $93.5M
• Elon Musk: $85.2M
• Jeff Yass: $83.8M
• Coinbase: $59.3M
• Ripple: $55.1M
• Crypto.com: $38.7M
• OpenAI: $37.6M
• Anthropic: $20M
via influence.citationneeded.news
It's tough to find people who bought in to Trump projects who are willing to speak — especially on the record — so kudos to the Reuters team on this.
While it's true that the deep-pocketed "investors" in Trump's crypto schemes are often looking for benefits besides a return on their investment, this article does an excellent job highlighting that most people who bought in are not millionaires looking for pardons and regulatory relief.
Striking graphic in this latest Reuters piece, which finds that while President Trump and his family have profited by at least $2.3 billion since he retook the presidency, their more than a million investors have suffered $2.3 billion in net losses.
www.reuters.com/investigatio...
Molly's crypto criticism has always been absolutely top notch and this relaunched site looks like it will be an excellent and important resource in the run up to the 2028 elections
AI and Crypto are eating the US political system alive.
It's like a full-on alien invasion, and it's not getting enough attention.
Please follow Molly and support this effort to track tech political spending in real time.