Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

Fairshake has used its $169 million war chest – virtually unrivaled in current U.S. politics – to support dozens of candidates, but also to buy ads opposing several. Its unlimited advertising spending, an allowed category of “independent expenditures” by super PACS, devoted about $10 million to derailing the Senate hopes of Rep. Katie Porter (D-Calif.) and $2.1 million against Rep. Jamaal Bowman (D-N.Y.). More recently, a similar effort turned toward Bush in Missouri.

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