The Latest Breaking News from Fairshake

Crypto's Political Machine Targets 32 House Seats With Millions Ahead of US Midterms

Fairshake will back 32 House incumbents after the CLARITY Act stalled in the Senate, with six candidates set to receive $1 million each in planned spending.

International Business Times UK · 20h ago

Crypto industry PAC gives to 32 House incumbents, on both sides

A major crypto industry PAC announced Monday it would donate $1 million each to six House candidates — three Republicans and three Democrats — as part of a spending effort that encompasses 32 campaigns. Fairshake PAC said it is giving $1 million each to three top House Financial Services panel Republicans  —…

Roll Call · Oct 5

Top crypto group to pour millions into bipartisan slate of House races after key legislation stalls

Fairshake is stepping into the political arena with a bipartisan initiative aimed at supporting various House candidates in the forthcoming midterm elections. The organization is prepared to invest substantially in both Republican and Democratic candidates who align with its cryptocurrency agenda, with 32 beneficiaries already identified for their advocacy of…

The Economic Times · Oct 5

Scoop: GOP called Howard Lutnick to reverse crypto PAC's Texas move

"This was not a smart move."

Axios · Apr 24

Cryptocurrency industry is on track to surpass 2024 spending on Texas midterm races

So far this year, cryptocurrency PACs have spent more than $2.5 million on Texas congressional candidates, up from $1 million in 2024.

The Texas Tribune · Apr 20

Cryptocurrency firms suffer heavy losses in Illinois primaries after spending big

Cryptocurrency’s biggest Pac spent more than $10m for their candidates, only to be defeated by those who are anti-crypto

The Guardian - US · Mar 19

At the Races: Crypto’s next stand

Welcome to At the Races! Each week we bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. The cryptocurrency industry began flexing its political muscle in 2022, and crypto spending has only increased since. In advance of…

Roll Call · Mar 19

Cryptocurrency and AI industries tested their influence in Illinois. It didn't go that well

The artificial intelligence and cryptocurrency industries have suffered a setback as they try to reshape the midterm elections and establish themselves as power players in American politics

The Independent UK · Mar 18

Big spenders have mixed night in Illinois as progressives mostly come up short

Tuesday’s primary elections in Illinois were a test of how far big money can go in Democratic elections while also underscoring the political clout of Gov. JB Pritzker.  In the closely watched Democratic primary to fill the seat of retiring Sen. Richard J. Durbin, Illinois Lt. Gov. Juliana Stratton defeated…

Roll Call · Mar 18

Illinois heads to elect next senator and five congressional district candidates

Midwestern state has a slate of competitive races with money flowing in from donors including Aipac

The Guardian - US · Mar 17