Three super PACs, backed by crypto giants Coinbase, Ripple Labs, and Cameron and Tyler Winklevoss of Gemini, have spent over $80.5 million on the general election. Pro-crypto organizations have emerged as dominant megadonors in the US Presidential Election. The cryptocurrency industry's $130 million congressional election spending spree has notably benefited candidates like Republican congressman John Curtis, who is running for Mitt Romney’s Senate seat in Utah. Curtis, known for his pro-crypto policies, has received significant financial backing from crypto-friendly PACs, including the Defend American Jobs PAC.
