
Chris Murphy 🟧
@ChrisMurphyCT
Here's an example of how Trump's corruption factory works.
1. Coinbase put $46M into elections to help Trump allies.
2. Sends him a huge check for his inauguration.
3. Trump drops SEC lawsuit against Coinbase.
4. Trump demands big donation from Coinbase for ballroom. Done.

Kyle Chassé / DD🐸
@kyle_chasse
THIS IS HUGE!!!
SEC DROPS LAWSUIT AGAINST COINBASE WITH PREJUDICE.
CASE CLOSED. 2025-02-27T21:13:11.000Z
2025-10-30T13:27:04.000Z
Analysis on Stance
Add your own analysis on this stanceAnalyzing Senator Chris Murphy's recent statement, where he alleges a corrupt quid pro quo involving a major crypto company and political figures. This received a score indicating a very anti-crypto position, and for good reason.
By framing the crypto industry's political participation as a "corruption factory," Senator Murphy is not making a nuanced critique of campaign finance. Instead, he is attempting to delegitimize the entire industry's right to advocate for itself, a right exercised by every other major sector in the American economy.
The crypto industry is engaging in the political process precisely because it is seeking clear rules and a fair regulatory framework, something the current administration and certain regulators have been unwilling to provide. The goal is to end the "regulation by enforcement" approach that has created uncertainty and pushed innovation offshore. Framing this advocacy as a corrupt bargain to get lawsuits dropped fundamentally misrepresents the industry's objectives.
This hostile rhetoric is consistent with the Senator's voting record. He has voted against key pieces of pro-crypto legislation, including the repeal of the SEC's restrictive SAB 121 and multiple votes against the GENIUS Act, a bill designed to create a clear regulatory framework for stablecoins.
This pattern of votes and statements demonstrates a clear and consistent opposition to the digital asset industry.