Ripple- and Coinbase-funded PAC Spends $2M in Florida Race with Little Mention of Crypto
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12 Articles
Cointelegraph
Ripple- and Coinbase-funded PAC Spends $2M in Florida Race with Little Mention of Crypto
The Protect Progress PAC spent more than $2 million on ads opposing Democratic candidate Oliver Gilbert in Florida’s 24th congressional district ahead of Tuesday’s primary.
Fairshake wins 4 of 5 primaries, loses surprising $2M Florida race
Crypto super PAC Fairshake backed winners in four of five congressional primaries on Tuesday. But a Democrat in the Miami area weathered more than $2 million in attack ads funded by Fairshake. Fairshake sweeps four primaries and drops Florida’s 24th Fairshake channels its spending through two affiliated PACs. Protect Progress backs Democrats. Defend American Jobs backs Republicans. The two committees spent about $3.6 million on primaries in Alas…
Key points of the news: The PAC crypto Fairshake spent $3.6 million in primary schools in Alaska, Florida and Wyoming, winning victories in four of the five supported candidates. Protect Progress spent more than $2 million in negative publicity against Oliver Gilbert in Florida, who also won with 34.4% of the vote. Fairshake reported a $193 million reserve in January and already accumulates more than $82 million spent in the 2026 mid-term electi…
CoinStats - Ripple and Coinbase-Backed PAC Spend $2M in F...
A political action committee tied to crypto industry heavyweight Fairshake has spent more than $2 million on ads targeting an early Democratic primary in Florida’s 24th congressional district, according to Federal Election Commission (FEC) records. Coinbase and Ripple Labs have been identified as primary backers of Fairshake, and Protect Progress PAC—an affiliate described as operating in line with the group’s political strategy—has directed the…
Ripple and Coinbase-Funded PAC Spends $2M on Florida Congressional Race
A crypto-industry political action committee backed by funding tied to Ripple and Coinbase has directed roughly $2 million into Florida congressional races, underscoring how digital asset firms are turning campaign spending into a policy tool. What the $2 million PAC spend means in the Florida race The spending flowed through Fairshake and its affiliated committee Defend American Jobs, the crypto-aligned political operation that counts Coinbase …
Ripple- and Coinbase-funded PAC Spends $2M in Florida Race with Little Mention of Crypto - Invest In Crypto News
An affiliate of political action committee (PAC) Fairshake, funded primarily by Coinbase and Ripple Labs, has poured more than $2 million into media opposing a Democratic candidate who did not appear to have taken any prominent position on digital assets before the ads were released. According to records with the Federal Election Commission (FEC) as of Tuesday, the Protect Progress PAC had spent more than $2 million on ads opposing Democratic ca…
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