The crypto political action committee Fairshake allocated nearly $29 million in September

2024-10-21 08:58:34

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ChainCatcher news, according to CNBC, the crypto political action committee Fairshake allocated nearly $29 million in September.

According to data released to the public by the Federal Election Commission on Sunday, Fairshake is one of the highest spending organizations across all industries in this election cycle, with nearly $29 million allocated in September. Of this, $20 million was donated to two affiliated PACs, $15 million to the "Defend American Jobs PAC," a single-issue committee focused on cryptocurrency and blockchain policy that supports Republicans; and $5 million to the "Protect Progress PAC," which only supports Democrats.

Additionally, Fairshake donated over $1.9 million to Congressman Patrick Ryan (Democrat from New York), over $1.7 million to Congressman Steven Horsford (Democrat from Nevada), and nearly $1 million to Congresswoman Angela Dawn Craig (Democrat from Minnesota). The remaining funds were donated to multiple candidates in Illinois, Colorado, Oregon, Iowa, and Arkansas.

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