[Crypto Political Action Committee Fairshake Spends $5 Million to Intervene in Alabama Senate Primary] According to CoinDesk, the crypto industry political action committee Fairshake has invested $5 million to support Alabama Republican Senate primary candidate and current Congressman Barry Moore. This marks the committee's official involvement in the 2026 U.S. Congressional midterm elections. Fairshake and its affiliated committees have currently raised $193 million in campaign funds, far surpassing most industry political action committees. The committee stated that these funds will be used to run support ads for Moore through 'independent expenditures' but will not directly engage with his campaign team. The ads will highlight his endorsement by former President Trump without mentioning cryptocurrency-related topics. A Fairshake representative revealed that the committee has also allocated funds to support House Financial Services Committee Chairman and key cryptocurrency legislation advocate French Hill.