Big Democratic donors are bankrolling pro-crypto Republican candidates

The San Francisco Chronicle revealed that there are some hefty donors that typically give to Democrats who are now bankrolling some Republican candidates that are advocating for crypto-currencies.

Rep. Patrick McHenry (R-NC) told Politico that he wants the chairmanship position on the House Financial Services Committee if Republicans take over Congress in November. Not long after, mega-donors from the Bay Area started flooding his campaign with cash.

Campaign finance documents show Ron Conway, a top donor and "political ally of San Francisco Mayor London Breed," donated the maximum amount to McHenry. He also donated $350,000 to a super PAC that supports “pro-crypto” politicians in 2022.

The report also named "crypto solutions" company Ripple co-founder Chris Larsen as a max-out donor to McHenry, despite his many Democratic donations in the past. He also forked over $250,000 to Speaker Nancy Pelosi's super PAC.

IN OTHER NEWS: 'We’re just waiting for him to die': Former GOP lawmaker admits party has no plan to derail Trump in 2024

"Chris Dixon, a partner at Andreessen Horowitz who was labeled by Fortune as 'the world’s top crypto investor,' immediately gave $5,800 to McHenry, too," said the report.

There were many many others, the report explained. The Bay Area tech sector has engaged in what the report called a "burgeoning love affair" with not only McHenry, but Sen. Tim Scott (R-SC). The report said that the Bay Area is trying to put out feelers for a Republican presidential candidate that they're willing to support. Scott appears to be the only one they like, despite a voting record that is "reliably far-right."