Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election
Summary
Fairshake, a super political action committee (PAC), has raised $78 million to support US political candidates who support crypto and blockchain before the upcoming presidential election. The group received support from venture capital firm Andreessen Horowitz, Ark and crypto companies such as Ripple and Coinbase. Amid increased calls from the crypto sector for bespoke regulations and more clarity, Fairshake's stated goal is to help the blockchain economy realize its full potential through a clear regulatory and legal framework. They intend to advocate for politicians who champion the innovation of blockchain and crypto, though they cannot donate directly to candidates.
