[The Largest Midterm Election Bet in the Crypto Industry So Far Lands in Alabama, Fairshake Invests Over $12 Million to Support Barry Moore] BlockBeats News, June 17: According to a report by *The New York Times*, the crypto industry super PAC (Political Action Committee) Fairshake and its affiliated organizations have invested approximately $12.1 million in the Republican Senate primary in Alabama to support pro-crypto Republican Congressman Barry Moore. Data from ad monitoring agency AdImpact shows that TV ad spending alone has reached $9.8 million. Barry Moore has supported several bills prioritized by the crypto industry and has publicly opposed central bank digital currencies (CBDCs), stating that he does not want the government to control people's financial activities. Fairshake's campaign ads have prominently highlighted Donald Trump's endorsement of Moore. As of May this year, Fairshake and its affiliated organizations hold approximately $150 million in funds, making them one of the most influential political forces in the 2026 U.S. midterm elections. The organization plans to reserve most of its funds for the fall elections while continuing to support pro-crypto candidates in certain "safe seat" primaries. Previously, Fairshake invested approximately $9 million in the Democratic Senate primary in Illinois to support an opponent but failed to prevent Julianna Stratton from winning. In Alabama, Fairshake's affiliated organization, Defend American Jobs, has so far invested about $10 million to support Barry Moore, while funding for his opponent, retired Navy SEAL Jared Hudson, is significantly smaller. [Original Link]