Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2

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Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2
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ICYMI: Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2

Gillibrand, a New York Democrat who released a sweeping crypto regulation bill last month, received cash from roughly 60 crypto-related donors from the beginning of April to the end of June, according to an analysis by The Block.

Sen. Kirsten Gillibrand raked in thousands from crypto executives including FTX CEO Sam Bankman-Fried and Gemini’s Cameron and Tyler Winklevoss, according to herGillibrand has emerged as a key figure in Washington as lawmakers eye regulating the volatile digital asset industry. The New York Democrat co-authored a sweeping crypto regulation bill with Sen. Cynthia Lummis , which the pair released in June.

Venture capitalists, developers and industry groups flocked to Gillibrand’s campaign in the most recent quarter. According to her second-quarter report, Gillibrand’s donors included Bankman-Fried and FTX US president Brett Harrison, who gave $5,800 and $2,900 respectively. Four members of Multicoin Capital — co-founder and managing partner Kyle Samani, managing partner Tushar Jain, partner John Robert Reed and general counsel Gregory Xethalis — gave Gillibrand a combined $19,400.

According to the report, crypto industry players donated more than $150,000 during the reporting period.

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