Barry Moore Wins Alabama GOP Primary Backed by Crypto PAC
- Barry Moore secured nearly 56% of the vote in the Alabama GOP primary.
- At the end of April, related PACs reported approximately $164 million on hand.
- Fairshake spent over $10 million in Illinois to support candidates against crypto opposition.
- Moore was also supported by the crypto-affiliated Fellowship PAC.
- Fairshake allocated $735,000 to U.S. Representative Kevin Hern, who won his party’s Senate nomination in Oklahoma.
- Major contributors to Fairshake include Coinbase, a16z Crypto, and Ripple.
The success of Barry Moore reflects a significant backing from crypto-related PACs during recent elections, showcasing their influence in political races. Fairshake has successfully supported numerous pro-crypto candidates across various primaries.
With over $164 million available for spending and multiple successful endorsements, the impact of crypto interests on political outcomes continues to grow significantly.(Source)
