Crypto Titans Unleash $80 Million in Political Arena to Forge Pro-Innovation Future

Pro-crypto political action committees (PACs) have successfully gathered $80 million in support of candidates who advocate for favorable cryptocurrency policies and innovation.



Reported by Politico, three significant PACs — Fairshake, Protect Progress, and Defend American Jobs — have received substantial backing from leaders in the cryptocurrency sector such as Coinbase, Ripple, and Andreessen Horowitz, demonstrating their commitment to influencing the political landscape.



These funds are actively being deployed. For instance, in West Virginia, Defend American Jobs, a group supported by cryptocurrency funding, contributed $1.5 million to support Governor Jim Justice's campaign.



Governor Justice, praised by former President Donald Trump for his dedication to various conservative initiatives, has intertwined his Senate campaign w


First found on: Crypto Titans Unleash $80 Million in Political Arena to Forge Pro-Innovation Future - Coinatory