Regulation· ★★★★· bullish·

Crypto super PAC Fairshake holds over $95M ahead of US midterms

  • —Fairshake and affiliated PACs held over $95 million at end-September
  • —Ripple contributed about $48 million, Coinbase about $33.2 million
  • —Defend American Jobs has spent $45 million supporting Republicans
  • —PACs backed five candidates in Alaska, Florida and Wyoming primaries; four won
Why it matters: The crypto industry is amassing a large war chest to back crypto-friendly candidates, potentially reshaping digital-asset regulation after the midterms.
Source: TokenPost