All 48 candidates supported by crypto PAC Fairshake in US elections win

Foresight News reported, according to Bloomberg, the crypto industry invested around $135 million to support over 50 candidates in the 2024 US election cycle, with the industry's largest political action committee Fairshake supporting 48 candidates, all of whom have declared victory, and in the remaining 8 elections still being counted, 5 candidates are maintaining a lead. Fairshake and two other related super PACs (Defend American Jobs and Protect Progress) are funded by industry giants such as Coinbase, Ripple Labs, and Andreessen Horowitz. The non-profit organization Public Citizen pointed out that the crypto industry's political influence has surpassed traditional corporate donors such as the Koch Industries and Chevron Corporation. Since the US Supreme Court's 2010 decision to lift the limits on corporate political spending, the crypto industry's total political spending has only been second to the fossil fuel industry.