{
  "version": "1.0.0",
  "generatedAt": "2026-05-07T15:35:06.242Z",
  "findingType": "money_flow",
  "findingId": 1992,
  "contentHash": "0cce2c0737709639d19ffcfd0ec19255db3b5fa09cd8f1a00807a72d7a68e123",
  "title": "Coinbase corporate treasury → Fairshake super-PAC → Senate crypto winners → GENIUS Act",
  "summary": "Money-flow chain tracing 7 hops with documented total of USD 45000000.00. Confidence: secondary.",
  "methodology": "Money-flow chains are constructed by tracing financial transactions between entities through documented mechanisms (contracts, donations, grants, etc.). Each hop is independently cited. Vanish points mark where the audit trail breaks — funds enter an entity but no corresponding outflow is documented. Confidence is assessed per-hop and rolled up to the chain level.",
  "sources": [
    {
      "url": "https://www.fec.gov/data/committee/C00835959/",
      "label": "https://www.fec.gov/data/committee/C00835959/",
      "type": "primary"
    },
    {
      "url": "https://www.congress.gov/bill/118th-congress/senate-bill/4155",
      "label": "https://www.congress.gov/bill/118th-congress/senate-bill/4155",
      "type": "primary"
    },
    {
      "url": "https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
      "label": "Fairshake 2024 cycle expenditures",
      "type": "citation"
    },
    {
      "url": "https://www.congress.gov/bill/118th-congress/senate-bill/4155",
      "label": "S.4155 — GENIUS Act of 2024",
      "type": "citation"
    },
    {
      "url": "https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
      "label": "Fairshake 2024 cycle expenditures",
      "type": "citation"
    }
  ],
  "queries": [
    {
      "description": "Chain record",
      "table": "money_flow_chains",
      "parameters": {
        "id": 1992
      }
    },
    {
      "description": "Chain hops with entity resolution",
      "table": "money_flow_hops",
      "parameters": {
        "chainId": 1992
      }
    }
  ],
  "dataSnapshot": {
    "chainId": "1992",
    "title": "Coinbase corporate treasury → Fairshake super-PAC → Senate crypto winners → GENIUS Act",
    "sourceDescription": "Coinbase corporate funds flow into the Fairshake super-PAC and its affiliates, which spend in primaries and general elections to elect or protect senators who then sponsor and vote for the GENIUS Act stablecoin framework — legislation that materially benefits Coinbase's listed-stablecoin custody and exchange business.",
    "sourceRefType": "donor_interest",
    "documentedTotal": "45000000.00",
    "currency": "USD",
    "confidence": "secondary",
    "sector": null,
    "status": "active",
    "asOfDate": "2024-11-05T00:00:00.000Z",
    "provenance": {
      "task": "352",
      "chain_key": "coinbase-fairshake-genius",
      "seed_signature": "task-352-crypto-treasury-v1"
    },
    "hops": [
      {
        "ordinal": "1",
        "from": "Coinbase",
        "to": "Fairshake",
        "amount": "45000000.00",
        "mechanism": "donation",
        "confidence": "primary",
        "citations": []
      },
      {
        "ordinal": "2",
        "from": "Fairshake",
        "to": "Protect Progress",
        "amount": null,
        "mechanism": "other",
        "confidence": "secondary",
        "citations": []
      },
      {
        "ordinal": "3",
        "from": "Fairshake",
        "to": "Bill Hagerty",
        "amount": null,
        "mechanism": "donation",
        "confidence": "secondary",
        "citations": []
      },
      {
        "ordinal": "4",
        "from": "Bill Hagerty",
        "to": "GENIUS Act",
        "amount": null,
        "mechanism": "other",
        "confidence": "primary",
        "citations": []
      },
      {
        "ordinal": "5",
        "from": "Fairshake",
        "to": "Cynthia Lummis",
        "amount": null,
        "mechanism": "donation",
        "confidence": "secondary",
        "citations": [
          {
            "url": "https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
            "title": "Fairshake 2024 cycle expenditures",
            "publication": "OpenSecrets"
          }
        ]
      },
      {
        "ordinal": "6",
        "from": "Cynthia Lummis",
        "to": "GENIUS Act",
        "amount": null,
        "mechanism": "other",
        "confidence": "primary",
        "citations": [
          {
            "url": "https://www.congress.gov/bill/118th-congress/senate-bill/4155",
            "title": "S.4155 — GENIUS Act of 2024",
            "publication": "Congress.gov"
          }
        ]
      },
      {
        "ordinal": "7",
        "from": "Fairshake",
        "to": "Kirsten Gillibrand",
        "amount": null,
        "mechanism": "donation",
        "confidence": "secondary",
        "citations": [
          {
            "url": "https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
            "title": "Fairshake 2024 cycle expenditures",
            "publication": "OpenSecrets"
          }
        ]
      }
    ],
    "createdAt": "2026-05-03T02:04:32.382Z"
  },
  "entities": [
    {
      "id": "29188",
      "name": "Coinbase",
      "slug": "coinbase",
      "type": "company"
    },
    {
      "id": "29189",
      "name": "Fairshake",
      "slug": "fairshake-pac",
      "type": "institution"
    },
    {
      "id": "29190",
      "name": "Protect Progress",
      "slug": "protect-progress-pac",
      "type": "institution"
    },
    {
      "id": "9283",
      "name": "Bill Hagerty",
      "slug": "bill-hagerty",
      "type": "elected_official"
    },
    {
      "id": "2305",
      "name": "GENIUS Act",
      "slug": "genius-act",
      "type": "instrument"
    },
    {
      "id": "9296",
      "name": "Cynthia Lummis",
      "slug": "cynthia-lummis",
      "type": "elected_official"
    },
    {
      "id": "1127",
      "name": "Kirsten Gillibrand",
      "slug": "kirsten-gillibrand",
      "type": "elected_official"
    }
  ],
  "verificationSteps": [
    "Retrieve chain #1992 from money_flow_chains and confirm title and documented total.",
    "Hop 1: verify Coinbase → Fairshake ($45000000.00, donation)",
    "Hop 2: verify Fairshake → Protect Progress ($null, other)",
    "Hop 3: verify Fairshake → Bill Hagerty ($null, donation)",
    "Hop 4: verify Bill Hagerty → GENIUS Act ($null, other)",
    "Hop 5: verify Fairshake → Cynthia Lummis ($null, donation) via https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
    "Hop 6: verify Cynthia Lummis → GENIUS Act ($null, other) via https://www.congress.gov/bill/118th-congress/senate-bill/4155",
    "Hop 7: verify Fairshake → Kirsten Gillibrand ($null, donation) via https://www.opensecrets.org/political-action-committees-pacs/fairshake/C00835959/summary/2024",
    "Verify the SHA-256 content hash by re-generating the JSON bundle."
  ]
}