Fairshake, the pro-crypto super PAC, has amassed a staggering $116 million to meddle in the 2026 US midterms. Major donors, perhaps bored with their yachts, have doubled down on their contributions since the 2024 elections.
At present, it’s unclear which senatorial egos will be the prime targets. Since Kamala Harris embraced crypto and promptly lost, Congress has been quieter than a library during a nap. Still, a few anti-crypto crusaders remain, clinging to their principles like a cat to a curtain.
Fairshake’s Midterm Stockpile: Because Democracy Isn’t Cheap
Fairshake, the pro-crypto Super PAC, is hoarding resources like a dragon with a treasure fetish. According to CNBC, the group now boasts a war chest of $116 million to throw at the 2026 midterms.
Shortly after Trump’s victory in November, a16z tossed in $25 million, and other donors, perhaps feeling charitable, pushed the total to $103 million.
But wait, there’s more! Elections in the US are now so expensive they make a Kardashian wedding look like a bargain. In 2024, Fairshake spent $180 million to sway national races, and the midterms promise to be just as wallet-draining.
Beyond helping Trump reclaim the Oval Office, Fairshake’s contributions also boosted down-ballot candidates like Bernie Moreno, who presumably thanked them with a firm handshake and a smile.
“With the midterms looming, we’re ready to back candidates who champion innovation, job growth, and sensible regulation,” Fairshake declared, sounding suspiciously like a corporate mission statement.
Previous donors, such as Coinbase, have doubled down on their support, while new contributors like Ripple and Uniswap have joined the fray. But the real question is: who will they spend all this money on? 🤔
Crypto’s Political Poker: Who’s Holding the Aces?
In the last Presidential election, Kamala Harris was initially as reluctant to embrace crypto as a cat is to embrace water. But she eventually jumped on the bandwagon, albeit with less enthusiasm than Trump.
If the Democrats continue their crypto courtship into the midterms, who will Fairshake target? A few names come to mind, like Senator Elizabeth Warren, who remains a vocal critic of Trump’s crypto policies.
Since the launch of the TRUMP meme coin, some Representatives have called for investigations into potential criminal activity. Fairshake could fund races against these figures, turning the midterms into a political circus.
But there’s a twist. While Republicans have largely rallied around Trump’s pro-crypto stance, a few have flip-flopped like a fish out of water. The threat of Fairshake’s spending might just keep these half-hearted converts in line.
Ultimately, with nearly two years until the midterms, Fairshake has plenty of time to plot its next move. Whether they target Warren, flip-floppers, or someone entirely unexpected, one thing is certain: they’ll be ready to spend, spend, spend. 💸
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2025-01-31 04:08