Crypto Industry Forms $78 Million PAC to Back Pro-Crypto Candidates in 2024
Fairshake: A New Force in US Politics A new political action committee (PAC) called Fairshake has emerged as a powerful force in the upcoming 2024 US elections, with the backing of some of the biggest names in the crypto industry. Fairshake, which was officially registered with the Federal Election Commission (FEC) on January 15, 2024, has raised $78 million from contributors such as Coinbase, Ripple, Circle, Messari, Ark Invest, Paradigm, and Andreessen Horowitz (a16z). The PAC aims to support candidates who advocate for American crypto and blockchain innovation, as well as responsible regulation, in the face of regulatory uncertainty and…
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