Coinbase's "Stand With Crypto" PAC website is now confirming what I reported earlier.
More than 99% of the amount they claimed was raised by this supposedly "grassroots" PAC is in fact massive corporate contributions to the FairShake super PAC.
Coinbase’s “Stand With Crypto” PAC claims to have raised $87 million, but their donations list totals up to only $1,176,900. They seem to be double-counting corporate contributions to super PACs to overstate how much their “community” supports this supposedly grassroots project.
