Oh, darling, hold onto your wallets! 🤪 Fairshake, the PAC that’s basically like the cool kid at the crypto playground—backed by the likes of Coinbase and Ripple—has snatched up a jaw-dropping $141 million to sprinkle a bit of influence on U.S. elections, all in the name of kissing the toes of crypto-friendly candidates. Isn’t democracy just fabulous?
This year alone, they’ve pocketed a neat $52 million, with Coinbase swooping in with nearly half of it. Talk about a relationship! 💖 They’ve accumulated more cash than they actually spent during the whirlwind of 2024, and trust me, it was a wild ride. Over $130 million was poured into congressional races to pump up the pro-crypto gang while kicking the anti-crypto brigade to the curb.
Now, here’s a fun fact: Fairshake was a total wallflower during the 2022 midterms, but now? It’s prancing about like it owns the dance floor in 2024, with plans to steal the spotlight again in 2026. They’ve already tossed millions into recent House races in Virginia and Florida. Candidates like Randy Fine and Jimmy Patronis are practically rolling out the welcome mat, because who doesn’t want a comfy seat at the crypto table?
Meanwhile, Republicans are busy beavering away in the House, trying to pass three major crypto bills, including the oh-so-elusive GENIUS Act. President Trump is waving his arms like an over-enthusiastic conductor, urging the GOP to unify. On the flip side, Democrats are clutching their pearls over ethics and transparency, as if they didn’t see that financial ties to lawmakers and Trump’s own whimsical little crypto ventures might just be a teensy-weensy problem. 🤷♀️
With the momentum of a runaway train, Fairshake shows no signs of hitting the brakes, setting the stage for a high-stakes showdown over digital asset regulations that could either catapult the industry into the stars or send it crashing back to reality. Place your bets, folks! 🎰
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2025-07-16 11:08