Crypto Super PAC Fairshake Backs Winners in Southern Primaries
Fairshake spent more than $20 million on political advertising in primaries across Kentucky, Alabama and Georgia. The super PAC supported six candidates who won their respective races on Tuesday.
CoinDeskThe crypto industry's leading super PAC spent more than $20 million on political advertising in three Southern states during Tuesday's primaries. Fairshake backed six candidates who each won their races, according to a statement from the group.
The candidate backed by the super PAC won with more than 60 percent of the vote. That candidate will face a runoff election.
The candidate won the primary after receiving more funds than all other candidates combined. A spokesperson for Fairshake said the results represented a clear victory for pro-crypto leaders. The super PAC has backed dozens of candidates in prior election cycles while experiencing some losses in other races this year.
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