The Fairshake Super PAC, Defend American Jobs PAC and Protect Progress PAC raised more than $102 million with the support of Coinbase, Ripple Labs and crypto backers.
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 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,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.for two congressional seats in Alabama and Texas.
The U.S. general election on Nov. 5 will determine the winner of all 435 seats in the House of Representatives, 34 in the Senate, and the Presidency. Control of critical committees in the U.S. government could significantly impact moving crypto-related legislation and policies forward.Back to extreme greed past $65K? 5 things to know in Bitcoin this week
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