Molly White – citation needed: “I’ve been running my website Follow the Crypto since 2024, tracking the cryptocurrency industry’s influence on our democracy. The industry spent more than $130 million buying the 2024 elections, and the strategy worked. Pro-crypto politicians have proposed or passed industry-drafted legislation that threatens to open the floodgates to even more predatory crypto products, regulatory agencies were gutted, and crypto executives bought direct access to the President and positions in the White House. Now the artificial intelligence industry is following the same playbook. Continuing to track only crypto would mean missing half the story. The same operatives are running both campaigns. Josh Vlasto, longtime adviser and spokesperson for Fairshake — the cryptocurrency super PAC network responsible for the bulk of crypto’s 2024 spending — is now simultaneously heading Leading the Future, a pro-AI super PAC network. Chris Lehane, the political consultant and Coinbase board member who helped establish Fairshake and famously told Coinbase employees who questioned whether a crypto voter bloc existed that they would simply invent one, is now also an OpenAI executive and one of the people behind the Leading the Future PAC network. The same venture capital firms are funding both: Andreessen Horowitz, a crypto heavyweight in the 2024 elections, is now splitting its political spending across crypto and AI PACs. The PACs may look different from the outside, but they’re increasingly the same operation with aligned goals: deregulate the tech sector, slash consumer protections, and allow tech companies to capture even more enormous profits at the expense of everyday people.

• So I’ve expanded the site to track both. It’s now called Tech Influence Watch, and it documents more than $400 million (and counting) in contributions from crypto and AI companies and their executives this election cycle. When two industries with shared backers and shared operatives are spending this much to write their own regulations, someone needs to be watching.
• The site is live now at influence.citationneeded.news.^a Here’s a little of what I found while building it…”