
Crypto PAC Fairshake spends $30M against Democrats in US midterms
- —Fairshake spent $40M to defeat Brown in 2024 and has now added $30M
- —Brown leads Republican Jon Husted by nearly 5 points in polling averages
- —Crypto.com parent Foris Dax donated $35M to MAGA Inc
- —Democrats threaten to block CLARITY Act in the lame-duck session
Why it matters: The crypto industry is betting on Republicans but risks losing Democratic support needed to pass market structure legislation.
Source: CoinGeek
More on this
Regulation · Sep 22Crypto super PAC to spend millions to block former Democratic senator's return to DC
Regulation · Sep 22CLARITY vote failure could stoke more crypto PAC spending in key races
Regulation · Sep 21Fairshake PAC commits $30 million against Sherrod Brown after Clarity Act failure