🗳️ Coinbase’s Political Action Committee shuts down without ever raising a cent

Coinbase has shut down its Political Action Committee (PAC) after ten months of inaction. The PAC was launched in June 2018 and quickly saw its head, former police chief Mike Lempres, depart for VC firm Andreessen Horowitz. Coinbase has filed a termination report with the Federal Election Commission which has yet to accept the termination.

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