- Total News Sources
- 2
- Left
- 2
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 36 days ago
- Bias Distribution
- 100% Left
The Fairshake PAC, a prominent pro-cryptocurrency political group, has pledged approximately $3 million each to support Democrats Rep. Ruben Gallego in Arizona and Rep. Elissa Slotkin in Michigan, sparking outrage among Republicans who previously viewed the crypto industry as an ally. This unexpected financial backing could jeopardize GOP efforts in these critical Senate races, particularly since both Democrats have recently shifted their stances to support pro-crypto legislation. Fairshake's strategy highlights growing tensions within the Republican party as they question their relationship with the cryptocurrency sector amid a challenging regulatory environment. Notably, Slotkin had an F-rating from Stand With Crypto just months ago, illustrating her significant change in position. Gallego has also historically criticized crypto policies, contrasting sharply with his current support from Fairshake. The PAC's actions reflect a broader trend of increasing financial influence from the cryptocurrency industry in the political arena.
- Total News Sources
- 2
- Left
- 2
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 36 days ago
- Bias Distribution
- 100% Left
Open Story
Timeline
Analyze and predict the
development of events
Related Topics
Stay in the Know, Subscribe to Our News
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.