Massachusetts
Latest Coverage
See all articles
Elizabeth Warren Says 'Dark Money' Groups Linked to Crypto, AI 'Spending Millions' to 'Hand-Pick' Congres
Sen. Elizabeth Warren (D-Mass.) criticized political action committee spending during elections on Monday, including spending by the cryptocurrency lobby.
‘Fight To Unrig This Broken System’
Warren said on X that “dark money groups” are “spending millions” to influence the selection of congressional representatives.
She targeted groups tied to AI, cryptocurrency and the American Israel Public Affairs Committee—the bipartisan political lobbying organization that advocates for pro-Israel policies.
“We must elect fighters who reject corporate PAC money and will fight to unrig this broken system,” the senior lawmaker said.
AIPAC didn’t immediately return Benzinga’s request for comment.
Crypto Leads Corporate Spending In Midterms
A report published at the end of June found that cryptocurrency, artificial intelligence, Big Tech and online betting corporations collectively spent over $290 million in the 2026 U.S. midterm elections.
Federal filings show Fairshake had already blown past that number—over $74 million spent by May 31.
Supreme Court Ruling At The Heart Of The Issue
Warren’s criticism mirrors that of Sen. Bernie Sanders (I‑Vt.), who is equally outspoken against big money in politics.
He is unequivocal in his belief that the Supreme Court’s Citizens United ruling must be overturned. The decision lifted numerous campaign finance laws, enabling corporations, super PACs and outside organizations to spend an unlimited amount of money on elections.
Photo Courtesy: Bryan J. Scrafford on Shutterstock.com