Crypto super PAC Fairshake backs 32 House candidates for midterms

The cryptocurrency super PAC Fairshake announced on October 5 that it is supporting candidates in 32 House races ahead of the midterm elections, Roll Call and The Hill reported. The political action committee is backing 13 Democrats and 19 Republicans, spokesperson Geoff Vetter confirmed to The Hill. [1][2]

According to Roll Call and The Hill, Fairshake is donating $1 million each to six specific House candidates, consisting of three Democrats and three Republicans. Roll Call reported that the recipients include Republican French Hill of Arkansas, who serves as the full committee chair on the House Financial Services panel, while The Hill noted that Representative Janelle Bynum, a Democrat from Oregon, is also receiving $1 million. [1][2]

CNBC, TradingView, and CoinDesk also confirmed that the Fairshake network is backing 32 House candidates for the upcoming U.S. midterm elections. The spending effort comes with one month remaining before the elections occur, according to The Hill. [2][3][4][5]