The White House says Commerce Secretary Howard Lutnick properly divested from Cantor Fitzgerald by transferring leadership to his sons.

Anyway GOP officials called Lutnick about a Cantor-funded PAC planning to spend $1.75M on Ken Paxton and the PAC reversed course, but that’s probably just how independent companies behave when the former owner gets a phone call.

https://www.axios.com/2026/04/24/texas-crypto-howard-lutnick-republicans

#crypto #cryptocurrency #USpol #USpolitics

“the whole world, unfortunately, has become somewhat of a casino” says the man who ran multiple casinos, whose company plans to launch a prediction market, and who nominated a CFTC chair who celebrates prediction markets as part of a “golden age” for finance

#PredictionMarkets

Newsletter: As the president’s family’s shady dealings continue to mount, SEC enforcement actions have collapsed to twenty-year lows. The CFTC says it doesn’t need staff when it has AI.

https://www.citationneeded.news/issue-104/

#crypto #cryptocurrency #USPolitics #USPol

ghoulish

as someone with an anxiety disorder who gets bad brain fog during very anxious periods, choosing software engineering and then writing as careers was certainly a series of decisions

The new Fellowship crypto PAC has filed its first fundraising disclosure. It reports a $10 million contribution from Cantor Fitzgerald (previously headed by Commerce Secretary Howard Lutnick, now controlled by his sons) and $1 million from Anchorage Digital.

#crypto #cryptocurrency #USpol #USpolitics

i have never clicked "interested" on a Google News push notification except for on this and one other hummingbird migration–related article, and i'm hoping to train the algorithm to only push notify me with hummingbird content

My favorite thing about these bogus DMCA takedown requesters is they don't realize Web3 is Going Just Great posts are dated based on the event. In order to backdate this post to look like they published before I did, they supposedly announce this guy's arrest two days before it happened.

In September 2025, a new cryptocurrency super PAC launched, claiming to have $100 million committed.

If true, it would mean the crypto super PACs would have nearly half again as much cash to deploy in the midterms. But their EOY filing showed $0, and I was beginning to wonder if it was a bust.

#USpolitics #USpol #crypto #cryptocurrency

“It’s honestly been eye opening (in a bad way) to see how special interests work in our system” says the Head of Politics at Kalshi, which pays Donald Trump Jr. to sit on its advisory board and has spent over a million in lobbying over the past ~year. The government has just filed a lawsuit to intervene to protect Kalshi from several state regulators.

#Kalshi

One of the government's attorneys in the CFTC's lawsuit against the states who've sued Kalshi was a lawyer for Kalshi in its lawsuit against the CFTC in 2023. He joined the DOJ in February 2025.