Fairshake, a Crypto Super-PAC, Invests $25 Million in House Candidates
CryptoNewsTerminal Staff07 Aug, 2024
Fairshake, a Crypto Super-PAC, Invests $25 Million in House Candidates
Super-PAC Fairshake, a political action committee representing the crypto and blockchain space, is announcing $25 million to back 18 Democratic and Republican House candidates. The funds will be used for TV ad campaigns. Fairshake is one of the first PACs to focus on crypto, and its investment reflects the growing influence of the crypto industry in politics. The PAC's candidates are all supportive of crypto, and they are likely to use their positions in Congress to advocate for pro-crypto policies. The investment by Fairshake is a significant development for the crypto industry, and it is likely to have a major impact on the upcoming midterm elections.