Crypto Industry PAC Secures Major Wins in 2024 Primaries
Fairshake PAC, backed by top crypto firms, influences over 20 congressional races without directly mentioning cryptocurrency.
- Fairshake PAC has amassed $169 million, significantly impacting primary races across the U.S.
- Key backers include Coinbase, Ripple, and Andreessen Horowitz, who have provided substantial donations.
- The PAC's strategy focuses on broad political messaging rather than direct crypto advocacy.
- Recent victories include high-profile races in California and New York, targeting both Democratic and Republican candidates.
- Fairshake PAC plans to continue its influence in the general elections, with over $100 million still available for spending.