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Crypto Industry Super PAC Is 33-2 In Primaries, With $100 Million For House and Senate Races


A super PAC called Fairshake, funded primarily by top cryptocurrency companies, achieved several wins in congressional primaries and plans to spend over $100 million to support pro-crypto candidates in the general elections. CNBC reports: Fairshake and its two affiliated political action committees...

A super PAC called Fairshake, funded primarily by top cryptocurrency companies, achieved several wins in congressional primaries and plans to spend over $100 million to support pro-crypto candidates in the general elections. CNBC reports: Fairshake and its two affiliated political action committees, one for Republicans, one for Democrats, quietly racked up half a dozen other wins Tuesday as the candidates they backed glided to victory, although none of the races were competitive. Fairshake has yet to start spending in the general election cycle, but several officials in the industry said they are keeping an eye on states such as Ohio and Montana, where Democratic incumbents who are bearish on crypto face challengers who have embraced the technology.

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