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Fairshake

American pro-crypto political action committee From Wikipedia, the free encyclopedia

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Fairshake is a SuperPAC funded by the cryptocurrency industry that supported pro-cryptocurrency candidates in the 2024 United States elections.[1][2][3][4] Major contributors include Coinbase, Ripple, and Andreessen Horowitz.[5] Fairshake spent nearly twice as much on Republican candidates than on Democratic candidates.[6]

The Hill reported that more than $10 million of the super PAC's spending went toward opposing the California Democratic Senate primary bid of Katie Porter, who lost in the March 2024 primary.[7]

As of June 2024, CNBC reported that Fairshake had backed the winning candidate in 33 of the 35 House and Senate primary races it had entered.[8]

Following the 2024 presidential election, Brad Garlinghouse, CEO of Ripple Labs, claimed that the creation of Fairshake and other legislative efforts around cryptocurrency regulation are a reaction to the federal government's "War on Crypto."[9]

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