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Crypto super PAC to back candidates in 32 House races

Crypto super PAC to back candidates in 32 House races

Summary

A cryptocurrency-focused political action committee (super PAC) named Fairshake is supporting candidates in 32 U.S. House of Representatives races ahead of the midterm elections. The group is backing both Democrats and Republicans and is spending significant money on several of the candidates.

Key Facts

  • The super PAC is called Fairshake and is linked to the cryptocurrency industry.
  • Fairshake is supporting 32 candidates in House races.
  • Of those, 13 candidates are Democrats and 19 are Republicans.
  • The group plans to spend $1 million each on six specific candidates.
  • This activity is happening about one month before the midterm elections.
  • The information was confirmed by the super PAC’s spokesperson, Geoff Vetter.
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