FEC system hack obscures crypto PAC spending ahead of US midterms
- —FEC electronic filing system is offline after reports of a hack on its website
- —Fairshake spent $56 million on an Ohio media campaign before the outage
- —Digital Freedom Fund reported $572,000 on pro-Republican text messages
- —Super PACs must disclose spending of $1,000 or more within 24 hours
Why it matters: The midterms will shape the fate of digital-asset legislation in Congress, and the outage hides crypto lobbying money in the final stretch.
Source: CryptoHamster