After @SenJohnKennedy had a meltdown at last Wednesday's hearing at the mere mention of crypto industry campaign contributions, the entire world knows this bill is bought and paid for. https://t.co/xUrQsJBRz2
Follow the money, because the crypto industry funded their re-election campaigns. Nothing that ever benefited the working class started with a corporation cutting a PAC check to buy off a politician. https://t.co/dDDMMp4bNX
Crypto PAC Fairshake says it has raised $109M since the US elections in November 2024, and $52M in H1 2025, as it prepares for the 2026 US midterm elections (@forthewynn_ / The Block) https://t.co/IjsVAcMYqk https://t.co/0d7RwgB4h4 https://t.co/ZOzeer2dpR
Crypto industry super PAC Fairshake said it ended June with more than $141 million in cash and other liquid assets, cementing its status as one of the largest political war chests ahead of the 2026 U.S. midterm elections. The figure covers Fairshake and its affiliates, Defend American Jobs and Protect Progress. The group disclosed that it has raised $109 million since Election Day 2024, including $52 million in the first half of 2025. Coinbase alone contributed $25 million during the period, underscoring the growing willingness of large digital-asset companies to bankroll political campaigns. Fairshake’s announcement landed in the middle of “Crypto Week” on Capitol Hill, where the House is weighing three high-profile digital-asset bills that would set market-structure rules, create a stablecoin framework and bar a Federal Reserve–issued central bank digital currency. A procedural vote to advance the package faltered earlier Tuesday on a 196–223 tally, exposing fissures within the Republican caucus. Fairshake said it is preparing an “aggressive, targeted strategy” to boost pro-crypto candidates in competitive races next year after seeing nearly all of its endorsed contenders win in 2024. The enlarged war chest is expected to intensify pressure on lawmakers as they decide how—and whether—to regulate the sector.