Fairshake Explained
Fairshake is a political action committee funded by the cryptocurrency industry that supports candidates in the 2024 American elections.[1] [2] [3] [4] Major contributors include Coinbase, Ripple, and Andreessen Horowitz.[5]
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.[6]
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.[7]
External links
Notes and References
- News: Huang . Vicky Ge . 2024-05-29 . Ripple Donates Another $25 Million to Crypto Super PAC Fairshake . 2024-07-31 . The Wall Street Journal.
- Web site: Beckett . Lois . 2024-03-01 . Crypto Super Pac spends $10m on Katie Porter attack ads in California race . live . https://web.archive.org/web/20240601020557/https://www.theguardian.com/us-news/2024/mar/01/crypto-super-pac-katie-porter-attack-ads . 2024-06-01 . 2024-07-31 . The Guardian.
- Web site: Goldmacher . Shane . February 13, 2024 . Crypto PAC Jumps Into Senate Race, Opposing Katie Porter in California . 2024-07-31 . The New York Times.
- Web site: Goldmacher . Shane . March 8, 2024 . Crypto Super PAC to Target Races in Ohio and Montana That Could Swing the Senate . 2024-07-31 . The New York Times.
- Web site: Rowe . Niamh . 2024-06-03 . Coinbase donates $25 million to super PAC Fairshake days after Biden vetoes crypto custody bill . live . https://web.archive.org/web/20240612164108/https://fortune.com/crypto/2024/06/03/coinbase-donates-25-million-to-super-pac-fairshake-days-after-biden-vetoes-crypto-custody-bill/ . 2024-06-12 . 2024-07-31 . . en.
- News: Ripple pumps additional $25 million into pro-crypto super PAC . Taylor . Giorno . . 29 May 2024.
- Web site: Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races. Emily. Wilkins. 26 June 2024. CNBC.
