Fairshake

Political leanings: Pro-cryptocurrency 2022 Spending: N/A Fairshake, its website says, is a super PAC that “supports candidates committed to securing the United States as the home to innovators building the next generation of the internet.” It generally supports politicians who back policies favorable to the cryptocurrency industry. The group registered with the Federal Election Commission in 2023, and it is financially supported by some of the most influential companies and executives in the digital currency sector. As a super PAC, it can receive unlimited financial contributions from donors, who must be disclosed in periodical reports to the FEC. In December, Fairshake, along with two affiliated super PACs, Defend American Jobs and Protect Progress, announced that they had raised a combined $78 million. Through Feb. 29, Fairshake’s total alone had grown to about $92 million, according to its FEC filings. Meanwhile, Defend American Jobs and Protect Progress had collected about $10 million each, including $5 million transfers from Fairshake. Among the largest contributors to all three super PACs are Coinbase, a company that operates a cryptocurrency exchange; Ripple Labs, which specializes in a blockchain technology used to make digital payments; and AH Capital Management, also known as Andreessen Horowitz, a venture...