深潮TechFlow|Oct 12, 2026 19:12
**[Fairshake Allocates $2.7 Million in PAC Spending to Boost 2026 Midterm Elections]**
According to Deep Tide TechFlow, on October 13, as reported by Cointelegraph, with less than a month remaining until the 2026 U.S. midterm elections, a cryptocurrency-affiliated Political Action Committee (PAC) has announced a large-scale media spending plan. Documents submitted to the U.S. Federal Election Commission (FEC) reveal that two affiliates funded by Fairshake, "Defend American Jobs" and "Protect Progress," have collectively allocated $2.7 million to support Democratic and Republican congressional candidates deemed favorable to digital asset policies.
Among the disclosed funding allocations, California Representative Pete Aguilar received the most support, amounting to $512,000, followed closely by New Jersey Representative Josh Gottheimer, who received $500,000. Additionally, House Majority Leader Tom Emmer received over $76,000 in support, while House Agriculture Committee Chairman Glenn Thompson received $73,000.
Fairshake is a major lobbying organization funded by the cryptocurrency ecosystem, with its primary donors including global leading cryptocurrency exchange Coinbase, blockchain payment giant Ripple Labs, and investment bank Cantor Fitzgerald. The organization's funds are primarily aimed at influencing U.S. legislative election outcomes to promote a regulatory environment favorable to the cryptocurrency industry.
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