Billionaire venture capital investor Ron Conway reportedly cut ties with a cryptocurrency super PAC called Fairshake after the group said it would support the Republican running against Sen. Sherrod Brown (D-Ohio), according to a Politico report. Brown is the longtime chair of the Senate banking committee and has raised concerns about cryptocurrency in the past,
The TDR Three Key Takeaways regarding Congressional Elections and Cryptocurrency: Crypto super PACs aim to sway congressional elections in favor of pro-crypto candidates. Fairshake PAC uses non-crypto ads to sway elections Crypto industry’s super PACs shape political influence in upcoming congressional elections. The cryptocurrency industry’s super PACs have raised $102 million for the 2024 congressional
By Hannah Lang (Reuters) – Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, according to a report from Public Citizen. WHY IT’S IMPORTANT Only two other political groups, or super