Ripple Labs donated $25 million to the Fairshake PAC political committee, increasing its fund to $103 million. These funds will be used to support candidates in the 2026 elections. Previously, Fairshake raised $78 million, including donations from Coinbase and a16z. The total amount accounted for more than 76% of all spending on crypto-friendly candidates in 2024. The organization is one of the largest "super PACs," competing with giants like Koch Industries and Chevron.
11/27/2024 11:36:57 AM (GMT+1)
Ripple Labs donated $25 million to the Fairshake PAC fund, which now has $103 million to support candidates in the 2026 elections 💰
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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