Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins

Fairshake Super PAC Receives $4.9 Million Funding from Winklevoss Twins

Fairshake, a Super PAC supporting candidates favorable to cryptocurrency and blockchain technology, has garnered $4.9 million in funding, with contributions from billionaire brothers Cameron and Tyler Winklevoss.
The Winklevoss twins, known for co-founding the Gemini exchange and their significant Bitcoin investments, were early backers of Fairshake. The initial investment dates back to December 18, 2023.
As per the latest federal filings, the duo donated $2.45 million each.
The two execs join a cadre of prominent crypto backers such as Ripple, Andreessen Horowitz (a16z), Circle    ARK Invest, and Coinbase.
In total, Fairshake has amassed over $85 million, aiming to bolster leaders embracing crypto and blockchain technologies, as per data from OpenSecrets.org.
Super PACs wield significant influence by pooling resources and advocating for specific political agendas. To push lawmakers towards meaningful regulations in the crypto industry, these PACs can engage in various activities.
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