Political donations from or in support of the crypto industry have hit a record-high $190 million so far this election cycle, according to data from the Federal Election Commission and a report by crypto and blockchain analyst James Delmore.
According to FEC data, Cameron and Tyler Winklevoss are leading the pack of donors, giving a combined $10.1 million, or just over $5 million each, including about $1.7 million combined in bitcoin to the Trump 47 Committee. The twins also made sizeable donations to two other pro-Trump PACs and a bipartisan pro-crypto PAC.
Chris Larsen, co-founder of San Francisco-based Ripple Labs, gave $2.4 million to mostly Democrat candidates, while other top executives from the company donated just over $600,000.
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