The leading pro-crypto super PAC, Fairshake, is heavily investing in the 2024 election, focusing on close House races to support candidates favorable to its agenda. It spent nearly $29 million in September, allocating $15 million to the Defend American Jobs PAC, which supports Republicans, and $5 million to Protect Progress, backing Democrats. The remaining funds targeted key House races in New York, Nevada, and California, with significant donations to candidates in toss-up districts. Crypto industry donations for this cycle have reached $190 million.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The leading pro-crypto super PAC, Fairshake, is heavily invested in the 2024 election,
00:07focusing on close House races to support candidates favorable to its agenda.
00:11It spent nearly $29 million in September, allocating $15 million to defend America
00:17Jobs PAC, which supports Republicans, and $5 million to protect progress-backing Democrats.
00:23The remaining funds targeted key House races in New York, Nevada, and California,
00:27with significant donations to candidates in toss-up districts.
00:31Crypto industry donations for this cycle have reached $190 million.