Fairshake Affiliated Groups Spend Over $1.5 Million on Federal Candidates in Three States

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Fairshake-affiliated groups have spent over $1.5 million on federal candidates in Florida, Alaska, and Wyoming, according to on-chain data and FEC filings. Defend American Jobs and Protect Progress supported Nick Begich, Sydney Gruters, and Harriet Hageman with approximately $500,000 each. All three candidates previously supported the Digital Asset Market Clarity Act. Fairshake has spent over $170 million in the 2024 election cycle. The Fear & Greed Index remains elevated as political spending is tied to crypto policy outcomes.

According to Cointelegraph, affiliated organizations of Fairshake have invested over $1.5 million in media advertising to support federal candidates in Florida, Alaska, and Wyoming ahead of the August 18 House and Senate primaries. Federal Election Commission filings show that Defend American Jobs and Protect Progress each contributed approximately $500,000 to Alaska’s Representative Nick Begich, Florida’s 16th District Republican candidate Sydney Gruters, and Wyoming’s Senate candidate Harriet Hageman—candidates who largely voted in favor of the Digital Asset Market Clarity Act. During the 2024 election cycle, Fairshake has collectively spent over $170 million on congressional campaigns.

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