Fairshake Crypto Super PAC Raises $140M for US Midterm Elections
2025-07-15 23:11:38
Main Idea
Fairshake, a crypto political action committee (PAC), has raised over $140 million for the 2026 U.S. midterm elections, with significant contributions from major crypto firms like Coinbase and Ripple.
Key Points
1. Fairshake raised more than $140 million for the 2026 U.S. midterm elections.
2. Coinbase, Ripple, and Andreessen Horowitz are the largest donors, contributing $68.5 million, $67 million, and $45 million respectively.
3. During the 2024 election cycle, Fairshake spent over $40 million, including $10 million in targeted ads against California Democrat Katie Porter.
4. Katie Porter criticized the ads, calling them an attempt by 'shadowy crypto billionaires' to silence consumer advocates.
5. The funds will support debates on crypto-related legislation, including the GENIUS Act, Anti-CBDC Surveillance State Act, and CLARITY Act.
Description
The funding comes at a time when key crypto legislation will be debated during what the U.S. House of Representatives dubbed “Crypto Week.” Crypto Super PAC Nabs $140M Ahead of Midterms Crypto political action committee (PAC) Fairshake has raised more than $140 million in preparation for the 2026 U.S. midterm elections, according to reporting published
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