News with the tag "Crypto super PAC"

A powerful network of crypto Super PACs is making its influence felt in Florida’s upcoming April 1 special elections for the U.S. House of Representatives. According to a March 21 report by Politico, the network—comprising Fairshake, Defend American Jobs, and Protect Progress—is pouring significant ...

The Philadelphia District Attorney’s Office has filed a lawsuit against a political action committee controlled by billionaire Elon Musk to stop it from giving away $1 million to registered US Election voters in swing states. District Attorney Larry Krasner filed the lawsuit just days after the US D...

Fairshake, a political action committee bankrolled by some of the biggest players in cryptocurrency, including Coinbase Global Inc., Ripple Labs, and venture-capital firm Andreessen Horowitz, has poured nearly $40 million into Ohio since August to push against anty-crypto Senator Sherrod Brown. As c...

The US Congress is being targeted by the cryptocurrency industry, which plans to spend a massive $160 million through super PACs to support pro-crypto candidates and shape favorable legislation. It is a bipartisan bill that reflects the industry’s desire to secure a friendly regulatory environment a...

Crypto Super PAC Fairshake has just revealed the first candidates it plans to support in the forthcoming general elections. The organization, which has received millions in funding from key stakeholders, intends to place candidates with pro-crypto agenda in key elected positions. The first candidate...

The race for the 2024 US elections has been heating up with a key development putting a clear message that the anti-crypto stand won’t benefit any lawmaker. On Tuesday, June 25, crypto critic Jamaal Bowman, who voted against the FIT 21 bill lost an election of New York’s 16th Democratic Primary. 202...

FairShake, a prominent crypto Super PAC, is under heavy scrutiny from crypto enthusiasts for not supporting John Deaton in his electoral campaign. Deaton, a pro-XRP lawyer known for representing XRP holders against the SEC, is running against Senator Elizabeth Warren, a notable anti-crypto figure. N...

Coinbase has made headlines today by announcing a $25 million donation to a pro-crypto political action committee (PAC) for the upcoming U.S. election. Notably, this contribution, as reported by FOX journalist Eleanor Terret, brings the total raised by the crypto industry for political campaigning t...

In a bold move, Ripple Labs made a massive donation to readdirm. determination to reshape the regulatory landscape for crypto in the U.S. The blockchain payments company has announced a substantial $25 million donation to Fairshake, a crypto super Pollitical Action Committee. Moreover, this contribu...

Crypto Super PACs have raised $102 million ahead of US elections to push pro-industry candidates as adoption soars. A new report based on data from opensecrets.org shows Super PACs backed by cryptocurrency firms and executives have soared above the $100 million mark. According to the report, the fig...