Articles for tag: Consumer Protection, crypto lobbying, Cryptocurrency, investment risks, political influence, public trust, regulatory environment

Market News

How Cryptocurrency Influenced Washington Politics and Shaped Regulatory Decisions in the United States

The cryptocurrency industry has faced a significant reputation crisis in recent years due to scandals and high-profile fraud cases, including the downfall of FTX founder Sam Bankman-Fried, who was sentenced to prison for defrauding investors. As trust declines, key players in the crypto sector have turned to political lobbying, spending over $265 million to support ...

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