Fairshake's Florida Wins Likely to Amp Up List of Crypto-Supported Allies in Congress
Fairshake, a crypto political action committee, has achieved two additional congressional primary victories in Florida special elections, utilizing $700,000 for campaign advertisements. The elections were necessitated by the departures of former Representatives Matt Gaetz and Mike Waltz, both appointed by President Trump for different roles. With both districts leaning Republican, the newly elected pro-crypto candidates are expected to secure wins in the upcoming general elections on April 1. These successes are poised to bolster the list of legislators who attribute their campaign support to the cryptocurrency industry's backing. Fairshake's affiliate, Defend American Jobs, supported candidates like Florida's Chief Financial Officer, Patronis, and Fine, who advocated for crypto initiatives. Fairshake's fundraising prowess has already contributed to the election of 53 crypto-friendly lawmakers in the new Congress, indicating its substantial influence in shaping the political landscape for cryptocurrency regulation.
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