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Fairshake superPAC starts $1.8 mln campaign against anti-crypto candidates in Illinois

Fairshake, a crypto-backed super PAC, has launched a $1.8 million media campaign targeting anti-crypto candidates in the Illinois Democratic primaries. It is opposing State Representative La Shawn Ford and State Senator Robert Peters for supporting state legislation contrary to the industry-backed CLARITY Act. Fairshake is also supporting pro-crypto candidates like Melissa Conyears Ervin and Raja Krishnamoorthi. The group, which has a $190 million war chest funded by major crypto firms, aims to elect pro-crypto candidates regardless of party to improve the chances of passing the CLARITY Act, especially if Democrats regain control of Congress.

ambcrypto03/10 16:17

Fairshake superPAC starts $1.8 mln campaign against anti-crypto candidates in Illinois

ambcrypto03/10 16:17

Crypto super PAC Fairshake moves to unseat Democrats over state crypto votes

Fairshake, a crypto-funded super PAC, is intervening in Democratic House primaries in Illinois, targeting candidates who supported state-level digital asset regulations. Campaign filings reveal the group has booked ads in Illinois’ 7th Congressional District, focusing on state Rep. La Shawn Ford, who voted for a 2025 state law imposing new compliance rules on crypto firms. Fairshake is also reportedly targeting state Sen. Robert Peters for supporting the same legislation. The super PAC criticizes such state rules as "draconian" and argues they create a patchwork of regulations that harm U.S. competitiveness. Backed by major crypto firms like Coinbase and Ripple, Fairshake has a $190 million war chest and is part of a broader national effort to influence the 2026 congressional elections, including spending against critics like Rep. Al Green. This move highlights how state crypto votes are becoming a key issue in federal primaries, amid ongoing debates over federal vs. state oversight of digital assets.

ambcrypto02/17 23:55

Crypto super PAC Fairshake moves to unseat Democrats over state crypto votes

ambcrypto02/17 23:55

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