Crypto Super PAC Fairshake Spends $1.5 Million Aiming to Block Re-election of Anti-Crypto Congressman Al Green

Odaily News The crypto super political action committee Fairshake is investing $1.5 million in an advertising campaign aimed at preventing Texas Democratic Congressman Al Green, who is critical of the crypto industry, from winning his primary election. This expenditure is being made by Protect Progress, an affiliate of Fairshake.

Al Green, who has pointed out the potential risks of cryptocurrencies and voted against crypto policy legislation, received an "F" grade from the pro-crypto organization Stand With Crypto. In contrast, his opponent Christian Menefee received an "A" grade. The $1.5 million investment by Fairshake surpasses the more than $700,000 in campaign funds that Al Green has raised so far.

It is reported that Fairshake has a war chest of $193 million and also announced this week that it will spend $5 million to support another pro-crypto Republican congressman, Barry Moore. (Coindesk)