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Fairshake PAC’s $20M Investment Pays off in Three US State Primaries

Cointelegraph
Crypto-backed Fairshake PAC achieved significant primary election wins after investing $20 million to support pro-cryptocurrency candidates across three US states.

Summary

The Fairshake PAC, alongside affiliates Defend American Jobs and Protect Progress, successfully supported pro-crypto candidates in recent US primaries in Georgia, Kentucky, and Alabama. Backed by companies like Ripple Labs and Coinbase, the PAC spent $20 million on media efforts to secure wins for several Republican and Democratic candidates. While the organization is positioning itself to influence the 2026 midterms with a $193 million war chest, it has faced mixed results, including a previous loss in Illinois. The PAC's strategy focuses on bolstering candidates who support digital asset regulation while opposing those with anti-crypto voting records.

(Source:Cointelegraph)