The Crypto Bros Are Back--and They Have a Dangerous Political Goal

After the spectacular fall of FTX CEO Sam Bankman-Fried, you might have expected the embattled cryptocurrency sector, and its sophisticated lobbying operations, to have ground to a halt. But if anything, both are back with a vengeance--and the regulatory post-SBF crackdown that followed has spurred the sector to potentially become a major political force in 2024. A new, unholy alliance has emerged on Capitol Hill, and it's hoping not just to recraft governmental policy around digital funny money but to push its antiregulatory agenda across a whole host of elections. To do so, the crypto industry is teaming up with the people behind the latest megahyped, bubblicious tech trend: the artificial intelligence boom. You may already have noticed crypto and tech money swishing around in the 2024 primaries.