Latest crypto super PACs draw $78M influx of cash for friendly politicians 

Crypto executives and companies seeking more influence in Washington are paying up. A trio of crypto-focused super PACs has raised $78 million so far to support digital asset-friendly candidates, the group said Monday. 

The trio, Fairshake and affiliated super PACs Protect Progress and Defend American Jobs, intends to “support leaders who support American crypto and blockchain innovation and responsible regulation in the forthcoming 2024 elections,” a spokesperson said Monday. 

Fairshake has already received support from Coinbase and its CEO Brian Armstrong, Gemini co-founders Tyler and Cameron Winklevoss, and crypto companies including Kraken, Ripple and Circle. 

The news comes…

Read more on Blockworks

44.9K Reads