According to Foresight News, CNBC reports that the Federal Election Commission data released on Sunday reveals that the crypto political action committee PAC Fairshake allocated nearly $29 million in September, making it one of the highest-spending organizations in this election cycle across all industries. Of this amount, $15 million was donated to the 'Defend America Jobs PAC,' which focuses on cryptocurrency and blockchain policy and supports the Republican Party. An additional $5 million was donated to the 'Protect Progress PAC,' which exclusively supports the Democratic Party.
Fairshake also made significant contributions to individual candidates, including over $1.9 million to Representative Patrick Ryan (Democrat, New York), over $1.7 million to Representative Steven Horsford (Democrat, Nevada), and nearly $1 million to Representative Angela Dawn Craig (Democrat, Minnesota). The remaining funds were distributed to various candidates in Illinois, Colorado, Oregon, Iowa, and Arkansas.