According to Forbes, Fairshake’s PAC, Protect Progress, backed by Coinbase, Ripple, and Andreessen Horowitz, spent over $4.9 million supporting Maryland candidate Adrian Boafo in the 2026 U.S. congressional primaries, over $5 million to help Christian Menefee defeat Al Green in Texas, and approximately $4 million to aid Jasmine Clark’s victory in Georgia. The campaign advertisements made no mention of the cryptocurrency industry background. Journalist Joy Reid characterized this maneuver as “Blackwashing.” Analysts note that this network aims to elevate supporters and suppress critics to influence the legislative trajectory of the Digital Asset Market Clarity Act.
Fairshake's PAC Spends Over $13.9 Million in the 2026 U.S. Congressional Primaries
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Summary
Fairshake's PAC Protect Progress spent over $13.9 million in the 2026 U.S. congressional primaries, focusing on key races in Maryland, Texas, and Georgia. The PAC allocated $4.9 million to Adrian Boafo, $5 million to Christian Menefee, and $4 million to Jasmine Clark. The campaign did not emphasize the candidates’ connections to the crypto industry. Journalist Joy Reid labeled the effort “Blackwashing,” while analysts connected the network upgrade strategy to influencing the Digital Asset Market Clarity Act.
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