Coinbase Pumps $25M Into Fairshake PAC—Crypto War Chest Now Holds $141M to Influence Elections

Crypto's political machine just got a turbocharge. Fairshake PAC—the industry's heavyweight lobbying arm—now wields $141 million to shape the 2024 elections after Coinbase dropped a $25 million moonshot.

The money cannon is loaded

This isn't pocket change from crypto bros. We're talking institutional-grade firepower—enough to make even Wall Street's old-money PACs glance nervously at their spreadsheets. The move signals crypto's pivot from 'asking nicely' to 'writing the rules.'

Washington's new power player

Fairshake's war chest could outspend traditional finance PACs 3-to-1 this cycle. Suddenly, those 'blockchain solves poverty' congressional hearings look less like PR stunts and more like auditions for future donors.

The cynical kicker

Nothing unites rival crypto firms like the chance to lobby for lighter regulations—except maybe a coordinated pump-and-dump scheme. But hey, at least they're putting their money where their tax loopholes are.