Fairshake PAC and affiliates raise $102M to support crypto candidates

The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties.

A political action committee (PAC) supporting candidates for federal office in the 2024 United States elections has reportedly surpassed $100 million in fundraising.

According to a May 6 report from Public Citizen, the Fairshake Super PAC and its affiliates, Defend American Jobs PAC and Protect Progress PAC, raised more than $102 million to support crypto-focused candidates in 2024. Public Citizen cited data from the nonpartisan transparency group Open Secrets, which reported the crypto-focused PACs raised more than Donald Trump’s ‘Make America Great Again’ political action committee.

Fairshake, which has previously backed Republican candidates, was responsible for an attack ad targeting California Senate candidate Katie Porter, a Democrat. Protect Progress backed Democratic candidates for two congressional seats in Alabama and Texas. The two candidates, Shomari Figures and Julie Johnson, won their respective primaries and will face off against Republicans in November.

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