Democratic Senate Campaigns Receive Support from Pro-Crypto Fairshake PAC

Fairshake PAC, a pro-cryptocurrency group, has invested millions in supporting Democratic Senate candidates Ruben Gallego in Arizona and Elisa Slotkin in Michigan, challenging Republicans endorsed by former President Trump.

The PAC and its affiliated super PACs have each contributed around $3 million to these candidates, who have recently embraced cryptocurrency despite earlier doubts. This financial support threatens Republican efforts to win Senate seats in these crucial battleground states, exacerbating tensions within the GOP.

The move raises concerns about the impact on Trump’s campaign and the broader relationship between the crypto industry and political parties, which has already seen over $100 million in political contributions.

Clever Robot News Desk 16th August 2024

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