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Coinbase donated another $25M to the pro-crypto Fairshake Super PAC; Fairshake raised ~$161M for the 2024 US election, including $25M each from a16z and Ripple

Jesse Hamilton / CoinDesk :

CoinDesk Jesse Hamilton

Discussion

  • @cdixon @cdixon on x
    Coming off a big week in DC and a series of election wins for pro crypto candidates, we're excited to announce an additional $25 million in new contributions to Fairshake and related entities, bringing our total to $47 million. 🇺🇸 This contribution along with others from the
  • @bgarlinghouse Brad Garlinghouse on x
    It's critical that the US catch up with other leading economies and develop sensible (and CLEAR) rules for crypto. Ripple's latest $25M contribution to Fairshake is an investment in the inevitable march of progress and adoption of Crypto and blockchain technologies - the future
  • @molly0xfff Molly White on x
    Fairshake, a crypto-focused super PAC, is #3 on the list of super PACs by the amount of money raised. Coinbase and Ripple are both in the top ten companies by amounts donated to outside spending groups. This is far out of proportion when you look at the size of the industry.
  • @bern_identity @bern_identity on x
    Crypto co buying politicians. Alarming that Ripple Labs, a corporation, has now contributed $48 million to just ONE super PAC, Fairshake + its 2 affiliated super PACs. “Ripple is proud to invest in this effort and contribute to shaping a positive regulatory landscape in the