A newly formed Crypto Super PAC, backed by significant figures in the cryptocurrency industry including Coinbase, aims to influence Senate races in key states. With an $85 million fund, the Fairshake PAC targets elections in Ohio, Montana, and two other states, focusing on races that could potentially shift the balance of power in the Senate. This move comes amid growing scrutiny of cryptocurrencies by lawmakers, highlighted by Sen. Brown's attendance at a fundraiser organized by banking lobbyists advocating for a full crypto ban. The involvement of big banks in crafting legislation against cryptocurrencies underscores the high stakes for the digital economy and U.S. leadership in this sector.
Crypto titans target Ohio, Montana races that could flip Senate https://t.co/mMH6dRNhXq
Is it weird that the spokesperson for the Fairshake crypto PAC makes no mention of supporting @DeatonforSenate against @SenWarren? Fairshake is funded by @Coinbase, @Ripple, @a16z & others. The @decryptmedia article below says Fairshake is targeting races in 4 States--not… https://t.co/D7hlV8ptqN
The Coinbase-backed, crypto-focused $85 million Fairshake PAC will target key general elections and primaries in four states that could reshape the Senate’s makeup. Click to read: https://t.co/h3wBq9VKJs
🚨Sen. Brown one of the Senate’s largest crypto skeptics was caught attending a fundraiser held by banking lobbyists. Big banks are funding and crafting bills for full crypto ban…sacrificing U.S. jobs and leadership in the digital economy https://t.co/lUIWm8XcXA
Coinbase-Backed $85 Million Crypto Super PAC Sets Its Sights on Senate Races ► https://t.co/NLN3UdXX1O https://t.co/NLN3UdXX1O
Bitcoin’s Surge…Spark Capital in the VC Directory…Tech-Backed Moderates Win Big in SF https://t.co/QvYWtaLCqS @maddierenbarger
CRYPTO SUPER PAC TO TARGET SENATE RACES IN OHIO, MONTANA: NYT
Crypto Super PAC To Target Races In Ohio And Montana That Could Swing The Senate - NYT https://t.co/fu4EQJdar2