Mapping Andreessen Horowitz’s Controversial Cryptocurrency Investments

Marc Andreessen is another BigTech billionaire with major influence in the Trump administration. Andreessen’s status as DOGE’s so-called “unpaid intern,” undersells how well-connected the venture capitalist is to the highest offices within Trump world. With this being the first thoroughly crypto industry owned presidency, the Revolving Door Project wanted to examine the real world impact of the crypto portfolio of Silicon Valley’s angry would-be philosopher king.

In this project, we mapped out every Andreessen Horowitz (a16z) cryptocurrency investment that has broken the law or been embroiled in some kind of nefarious backroom dealing–our findings include DOJ indictments, SEC investigations, class-action lawsuits, sensitive data breaches, and more.

Methodological Note & How To Use Our Social Map

We gathered the data on the amounts that Andreessen Horowitz invested in these projects from public reports, which primarily disclose the total amount raised through funding rounds. For that reason, we organized cryptocurrency projects based on Andreessen Horowitz’s level of involvement, showing whether they led, co-led, or participated in a funding round. Importantly, they were not the only investor in these funding rounds. Therefore, the amount in the “investment cost” field for every coin should not be understood as the amount a16z individually invested in the project.

For some projects, we were able to ascertain the specific amount Andreessen Horowitz individually invested (often these were in the form of direct token purchases). These are categorized as “direct”.

Clicking through each coin will display our research into its controversies and regulatory proceedings, as well as the investment amount associated with it. Use the buttons on the bottom to filter through the 4 types of involvement. The coins are sized according to the total amount–from funding rounds that involved a16z and other investment firms–that was raised for the project.