GOP crypto exec challenging Wasserman Schultz defends his businesses against multiple lawsuits
By Noreen Marcus and Dan Christensen, FloridaBulldog.org
Republican Michael Carbonara, a Cooper City bitcoin entrepreneur who wants to replace U.S. Rep. Debbie Wasserman Schultz, D-Weston, is campaigning on his business acumen.
Yet Carbonara is entangled in three civil lawsuits that may raise questions about his judgment. Two of the suits target him and his Miami-based fintech firm, Ibanera LLC, claiming he condoned the sexual assault of an employee and the company kept at least $18 million it was supposed to transmit for a Bahamian bank. The third alleges a Michigan bitcoin mine he controls is a noisy public nuisance.
Carbonara must be counting on redistricting to redden the District 25 map for 2026 and help him unseat Wasserman Schultz, the mainstay of Florida’s Democratic congressional delegation and a member of the House Appropriations Committee. District 25, one of Florida’s few solid blue regions, covers southern Broward County.
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