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The Guardian - US
The Guardian - US
World
Lois Beckett

Crypto Super Pac spends $10m on Katie Porter attack ads in California race

Katie Porter PAC Crypto US Senate Fairshake California Adam Schiff
woman speaking at a lectern
Porter has argued the Pac’s spending against her is proof of her commitment to championing ordinary people, rather than corporate interests. Photograph: Damian Dovarganes/AP

A Super Pac backed by the crypto industry has spent $10m on ads opposing Katie Porter’s run for US Senate in California, as the young progressive congresswoman fights a tough battle to make it into a November Senate runoff with the Democratic frontrunner Adam Schiff.

The Fairshake Pac announced early this year that it had raised $85m from leaders across the crypto community for the Pac and its affiliates, with the goal of supporting “leaders who champion the interests of progressive innovation and responsible regulation”.

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