Crypto and AI's $250M election goes sideways
Crypto and AI companies spent $250 million on the 2026 US midterms hoping to elect lawmakers friendly to their regulation. Of the twelve competitive races called so far, the side they backed lost nine, with $74.7 million spent on the losing side versus $28.3 million on the winning side. The early result weakens the industry's claim to kingmaker status — including its leverage over lawmakers who feared its spending — though a longer postmortem is still to come.
SOURCES
- Hacker News (AI)2026-11-04 14:53