Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
Summary
Crypto-linked PAC spending helped Barry Moore win the Alabama Republican Senate runoff, making him the GOP nominee to replace Sen. Tommy Tuberville. Moore defeated his opponent 55.8% to 44.2% after no candidate won a majority in the May 19 primary. Federal filings show Defend American Jobs PAC, affiliated with Fairshake, spent more than $12 million on media and ads supporting Moore in both the primary and runoff. Stand With Crypto rated Moore as strongly pro-crypto. Fairshake said the result was another pro-innovation win and part of a broader effort to build a large pro-crypto caucus in Congress. The group and its affiliates have spent tens of millions this election cycle and are backing other candidates in upcoming primaries nationwide.
