Political action committees backed by cryptocurrency companies have poured more than $8 million into media campaigns supporting candidates in Tuesday’s primary elections across New York, Maryland, and Utah, marking one of the most concentrated efforts by the digital asset industry to influence US congressional races this cycle. Where the money is going According to Federal […]
A cryptocurrency-backed political action committee has spent roughly $12 million to influence the outcome of Alabama’s Senate primary runoff, as voters in the state head to the polls Tuesday. The spending underscores the growing financial footprint of the crypto industry in U.S. elections and its strategic focus on shaping federal policy through candidate support. Defend […]
Days before the Indiana primary, a cryptocurrency-backed political action committee reported spending about $514,000 on media to support a Republican House member. The Defend American Jobs PAC, an affiliate of Fairshake, made the expenditure for Representative James Baird. He is running for reelection in Indiana’s 4th Congressional District. According to a Saturday filing with the […]
Two political action committees affiliated with the cryptocurrency-backed Fairshake network reported a combined $7.2 million in media expenditures this week, targeting congressional races in Georgia, Texas, Kentucky, Alabama, and Nebraska. The filings, submitted to the Federal Election Commission, come less than six months before the 2026 midterm elections and signal the growing influence of digital […]
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