Watchdog says crypto industry political donations have hit record high

An advocacy group has outlined how the cryptocurrency industry has contributed almost half of all direct corporate expenditures in the current election cycle in the United States. 

Public Citizen, the progressive consumer-rights organization founded by Ralph Nader in 1971, said the crypto sector is responsible for $119 million of the $248 million corporations have spent in contributions related to the elections, most of that to political action committees (PAC) set up to elect pro-crypto candidates, or defeat anti-crypto ones.