Crypto emerges as a funding powerhouse in the election

Marketplace Tech

The cryptocurrency industry has been fairly quiet recently, with the scandals around the bankruptcy of crypto exchange FTX and its former chief executive, Sam Bankman-Fried, fading from the headlines. But behind the scenes, the industry has become a bit of a power player in the 2024 elections — funding political ads, endorsing House and Senate candidates and raising millions of dollars, according to a recent report from the nonprofit group Public Citizen. Marketplace’s Meghan McCarty Carino spoke to Axios reporter Brady Dale, author of the Axios Crypto newsletter, to learn more.