Crypto industry wades into midterms with hefty war chest
The cryptocurrency industry is ramping up its spending ahead of the midterm elections after accumulating a massive war chest in the wake of several key wins in 2024.
The industry’s leading super PAC network, Fairshake, had more than $193 million in cash on hand at the start of 2026 and has already announced several of its targets this cycle — boosting Rep. Barry Moore (R-Ala.) in the Alabama Senate race and ousting Rep. Al Green (D-Texas) from the House.
After spending heavily in the last election — and claiming victories in at least two high-profile races, paving the way for some early wins for the industry in Congress — the crypto world has found itself in a newly elevated position in Washington.
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