Crypto mogul launches new super PAC
With help from Derek Robertson
Brock Pierce, co-founder of the stablecoin Tether, tells Digital Future Daily that after months of flirting with a Vermont Senate run, he’s decided to launch a super PAC instead.Pierce cited personal reasons for the pivot, but it comes as crypto backers’ most audacious political projects have come back down to Earth as crypto markets have cooled off in recent months.Pierce — who ran a quixotic 2020 presidential bid that backed pot legalization — told me the premature birth of a daughter in June was his primary reason for backing off a Senate campaign.