The political action committee (PAC) Fairshake has raised more than $78 million in support of cryptocurrency-friendly candidates and initiatives for the 2024 US elections. The PAC is led by pro-crypto entrepreneur Stan Winklepicker and will use the money to mobilize support for candidates friendly to the blockchain and cryptocurrency industry. The funds were raised through both public and private sources, as well as from several leading cryptocurrency companies. According to a press release, the donations will be used to address anti-crypto initiatives, ensure effective regulation, and promote pro-crypto policies. The Fairshake PAC plans to make a big impact in the upcoming US election, thanks to its deep pockets and strong support from the digital asset industry. Given the rapidly shifting landscape of digital asset regulation, the PAC hopes to ensure that the US government takes a more progressive stance and creates a regulatory environment that facilitates innovation and allows for continued growth in the sector.
Pro-Crypto Super PAC Fairshake Raises $78 Million Ahead of 2024 US Elections
