Fairshake PAC Raises $141 Million Ahead of 2024 Midterm Elections, Boosting Crypto Political Influence

On July 15, Fairshake, a political action committee dedicated to advancing cryptocurrency interests, disclosed it has amassed a total of $141 million in funding ahead of the upcoming midterm elections. According to The Block, this substantial capital accumulation includes $109 million raised since the U.S. presidential election last November, alongside an additional $52 million secured in the first half of 2024. Fairshake’s fundraising efforts underscore the growing financial influence of crypto-focused PACs in shaping electoral outcomes and policy discussions. This influx of capital highlights the strategic mobilization of resources within the crypto sector to impact legislative agendas, reflecting the increasing intersection of digital assets and political finance.

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