A tech billionaire and prominent Democratic Party donor says he will part ways with a highly influential network of crypto industry super PACs, claiming—in a series of leaked emails—that they’re too “stupid,” “selfish,” and short-sighted to associate with. Ron Conway, a venture capitalist who has given liberally to the Democratic Party over the years (and
Billionaire venture capital investor Ron Conway reportedly cut ties with a cryptocurrency super PAC called Fairshake after the group said it would support the Republican running against Sen. Sherrod Brown (D-Ohio), according to a Politico report. Brown is the longtime chair of the Senate banking committee and has raised concerns about cryptocurrency in the past,
JACKSON HOLE, Wyo. — A leading pro-cryptocurrency political group has dumped millions of dollars into high-profile Michigan and Arizona Senate races to back Democrats against Donald Trump-endorsed candidates, angering top Republicans who viewed the industry as an ally, not an opponent. Fairshake PAC and its affiliated super PACs are reserving millions in advertising spending to
Buterin’s post comes as Donald Trump, who has positioned himself as the pro-crypto candidate for president, rallies members of his party at the Republican National Convention in Milwaukee, and a day after venture capitalists Marc Andreessen and Ben Horowitz told employees of Andreessen Horowitz (a16z) that they plan to make significant donations to political action