Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races

Quick Summary:

Fairshake will have a whopping $103 million to spend on the next U.S.congressional election — so far — thanks to another $25 million just promised from Ripple Labs.

This latest contribution puts the political action committee in a powerful position to repeat its successes from this year's elections, in which dozens of its favored pro-crypto candidates won their races.

The super PAC has made an unprecedented head start on the 2026 election cycle.

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Article Details

Author / Journalist: Jesse Hamilton

Category: Crypto

Markets: United StatesCubaIraq

Topics: Policy A16z crypto Coinbase Ripple Labs Fairshake Election 2024 Campaign contributions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 00:41:06 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 353 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 23899617

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