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VisitWill the FEC rule that Coinbase violated campaign finance laws by end of 2024?
Yes • 50%
No • 50%
Official FEC ruling or announcement
Coinbase Faces FEC Complaint Over Alleged $25.5 Million Campaign Finance Violations
Aug 6, 2024, 01:23 AM
Public Citizen and crypto critic Molly White have filed a complaint with the Federal Election Commission (FEC) alleging that cryptocurrency exchange Coinbase violated campaign finance laws. The complaint claims that Coinbase donated $25.5 million to the pro-crypto Fairshake Super PAC while negotiating a federal contract, which is prohibited for contractors. Coinbase's Chief Legal Officer, Paul Grewal, has denied these allegations, asserting that Coinbase is not a contractor and therefore did not violate any laws. The complaint also involves the cryptocurrency $COIN.
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No • 50%
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Coinbase wins • 50%
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SEC files new charges • 25%
Coinbase files new counterclaims • 25%
Settlement reached • 25%
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Major Violation • 25%
Dismissed • 25%
No Violation • 25%
Minor Violation • 25%
$COIN price increases >10% • 25%
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$COIN price remains within ±10% • 25%
$COIN price decreases >10% • 25%