Crypto Super Pac spends $10m opposing Katie Porter’s US Senate run

7 months ago 23

Fairshake Pac pours millions into attack ads against progressive California candidate known for tough stance on crypto industry

A Super Pac backed by the crypto industry has spent $10m on ads opposing Katie Porter’s run for US Senate in California, as the young progressive congresswoman fights a tough battle to make it into a November Senate runoff with the Democratic frontrunner Adam Schiff.

The Fairshake Pac announced early this year that it had raised $85m from leaders across the crypto community for the Pac and its affiliates, with the goal of supporting “leaders who champion the interests of progressive innovation and responsible regulation”.

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