The AI Kill Switch Act, introduced by Reps. Lieu and Moran, proposes granting the government broad authority to suspend or shut down AI products. This bill is supported by a seemingly broad coalition of five organizations that, upon closer inspection, largely trace back to a single funding source. Coefficient Giving, the rebranded Open Philanthropy and vehicle for Dustin Moskovitz's fortune, is a primary funder for Americans for Responsible Innovation, the Alliance for Secure AI, and the Future of Life Institute. These groups, alongside ControlAI and the AI Policy Network, advocate for varying degrees of AI control, from development pauses to outright prohibitions. The article suggests this push for regulation is driven by the Effective Altruism movement's AI doom apparatus. It also highlights a potential conflict of interest, noting that OpenAI, which reported a security breach, benefits from inflated dangers as it justifies regulatory moats. The bill grants the Homeland Security secretary undefined "kill switch" authority, allowing immediate shutdowns without timely recourse or judicial review. This regulatory structure, with annually redefined compliance burdens, disproportionately favors large incumbent AI companies. Smaller startups would struggle to absorb the costs and legal exposure, effectively creating a barrier to entry. The author argues that this legislation is pushed by a "fake movement" funded by one billionaire's philanthropic arm, primarily benefiting established AI labs by creating a licensing wall against future competitors, at the expense of American innovation.