Americans for Financial Reform
July 17, 2026

The Crypto Oligarchs

A handful of crypto billionaires with extreme anti-democratic views stand to profit immensely from passage of the CLARITY Act – the massive deregulatory crypto bill poised for a Senate floor vote this year.

While touting crypto as a tool for financial freedom and inclusion, leading crypto industry figures celebrate anti-democratic ideas and are using crypto to push policies that entrench political and economic power in the hands of a wealthy few. These same crypto billionaires are a core pillar of support for President Trump, effectively enabling the President’s own authoritarian agenda. They have donated extensively to fund his campaigns and his vanity projects, played roles in his administration, and in some cases contributed to the profits of his family businesses.

A vote for CLARITY is a vote to enrich these oligarchs still further and to advance their agenda.

The CLARITY Act was drafted largely by and for the crypto industry and its leaders. They and the President are doing everything they can to make it become law. If it does, it will make these crypto billionaires even richer and more powerful, fueling their anti-democratic objectives, while funneling even more wealth to Trump allies and to other supporters of a less democratic America.

 

Featured Profiles


  • Profile of Crypto Billionaire Brian Armstrong—Coinbase CEO
    Profile of Crypto Billionaire Brian Armstrong—Coinbase CEO

    Brian Armstrong is the CEO of Coinbase and one of the most wealthy and influential voices in the industry. Armstrong is at the forefront of crypto industry figures pushing to lock in weak rules that allow crypto firms to maximize insider profits without safeguards for consumers, investors, or financial stability that families and ‘real economy’…

  • Profile of Crypto Billionaire Marc Andreessen—Co-founder Andreessen Horowitz (a16z)
    Profile of Crypto Billionaire Marc Andreessen—Co-founder Andreessen Horowitz (a16z)

    Andreessen is at the forefront of crypto industry figures pushing to lock in weak rules that allow crypto firms to maximize insider profits without safeguards for consumers, investors, or financial stability that families and “real economy” businesses need. Andreessen has deep ties to Trump and his policy demands for the CLARITY Act have been echoed…


The Top Crypto & Big Tech Billionaires

The 25 Crypto & Big Tech Billionaires that will Gain from GENIUS & CLARITY Acts
BillionaireCrypto or Corporate AffiliationForbes Net Worth in Billions*
Elon MuskX$402.40
Mark ZuckerbergMeta$247.60
Jeff BezosAmazon$238.20
Changpeng (CZ) ZhouBinance$67.50
Giancarlo DevasiniTether, Bitcoin$22.40
Peter ThielPalantir, Founders Fund (VC)$22.10
Pavel DurovTelegram$17.10
Brian ArmstrongCoinbase, Ethereum$16.10
Michael SaylorStrategy (fmr. MicroStrategy), Bitcoin$10.90
Jean-Louis van der VeldeTether, Bitcoin$9.50
Paolo ArdoinoTether$9.50
Chris LarsenRipple$9.40
Justin SunTron, Polo Digital Assets$8.50
Stuart HoegnerTether$6.20
Donald Trump$Trump, World Liberty Financial, Trump Media$5.20
Mike NovogratzGalaxy Digital Holdings (VC)$4.70
Fred EhrsamCoinbase, Paradigm, Etereum$4.20
Cameron WinklevossGemini$4.20
Tyler WinklevossGemini$4.20
Jeremy AllaireCircle$3.50
Tim DraperDraper Fisher Jurvetson (VC)$3.30
Howard LutnickSec. Commerce (fmr. Cantor Fitzgerald)$3.30
Jed McCalebStellar, XRP$2.90
Matthew RoszakBloq, Bitcoin, Ethereum, VC$2.80
Marc AndreessenAndreessen Horowitz (VC)$2.00

*as of July 13, 2025