Advocacy group backed by the crypto industry that mobilizes grassroots support and endorsements for pro-crypto legislation and candidates in the US.
Fairshake's affiliates reported $2.7 million in House spending after the Senate blocked the CLARITY Act in September. The money goes to House races while the bill sits in the Senate, so the clear rules institutional investors are waiting for have not arrived.
Reality
Fairshake and the Winklevoss-backed Digital Freedom Fund have put $33 million into Ohio against Sherrod Brown three weeks before the election. The target lets the industry settle a 2024 score while leaving alone the Democratic senators a market-structure bill would need next year.
Reality
Fairshake, the crypto super PAC, is backing 32 House incumbents in November and putting about $1 million each behind three Democrats and three Republicans. That $6 million, a fifth of what it is spending against Sherrod Brown, goes mostly to members of the committees that handle crypto bills.
Perspective Coverage
6 publishersReality
Coinbase-backed Stand With Crypto named its first three Senate endorsements two weeks after the Clarity Act failed 49-50. The group funds no campaigns itself, so its main Ohio pick depends on PAC money, starting with Fairshake's $30 million pledge for Jon Husted against Sherrod Brown.
Reality
Galaxy Digital's estimate for the US market-structure bill has fallen from 75% in May to 10%. Firms budgeting for a statute should budget for SEC and CFTC rulemaking instead.
Perspective Coverage
3 publishersReality
The crypto super PAC is spending $30 million in Ohio over six weeks, about a quarter of the $120.4 million it and its affiliates reported on September 20. The target is a Senate Banking gavel that Democratic caucus rules do not automatically restore.
Perspective Coverage
5 publishersReality
The Senate voted 50-49 against the Clarity Act on September 15, so the federal digital-asset framework stays unwritten. The fight that sank it was over ethics language tied to the president's own crypto holdings.
Reality
The Coinbase-funded group is rewarding a vote already cast, in the chamber that already said yes. The bill is stuck one floor over.
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