Revealing the moment crypto started reshaping American elections

- FTX’s corpse is still warm, yet crypto just bought its way into the US Congress. While Gary Gensler’s SEC was busy throwing enforcement actions like confetti, the industry quietly spent $139 million via Fairshake to turn Washington into a lobbying playground. Result? The SEC dropped cases against Coinbase, Binance, and Ripple, and signed the GENIUS Act. It’s not regulation; it’s a protection racket with better branding. They’re now grading legislators on votes and punishing defectors. The revolution has been absorbed by the very bureaucracy it claimed to dismantle. Enjoy your new political machine; the moonboys are now the establishment.