Crypto and the 2024 U.S. Election
FAIRSHAKE SET UP FOR A HAPPY ELECTION NIGHT
Crypto’s campaign-finance arm Fairshake drew so much attention in the 2024 elections, and for good reason, since the industry dominated the political donations scene with its $169 million war chest.
But the Fairshake political action committee and its affiliate PACs — backed mostly by crypto firms including Coinbase, Ripple and a16z — devoted their spending to congressional races only, choosing not to get into the presidential contest. The outcome: The effort is almost guaranteed to pay off with at least a couple of dozen new members of Congress that crypto dollars helped into Washington.
And Fairshake made a careful division of its party giving (managing to anger both sides in the…
