🚀Crypto industry's $169M fund is making waves in 2024's congressional primaries, with over 20 victories under its belt! But who's behind the Fairshake PAC and its affiliates? Top players like Coinbase, Ripple, and a16z are keeping mum. 🤫

The fund is buying ads (sans crypto mentions) and influencing elections, rivaling major party war chests. But the crypto benefactors have a reason: they're giving a voice to the millions of U.S. voters who want tailored rules for digital assets.

However, the ads don't advocate for crypto. Instead, they're used to support or oppose candidates. The industry's political operation is strategic, focusing on districts leaning towards one party and backing crypto-friendly candidates.

Coinbase, Ripple, and a16z are leading the pack in donations, but the industry is careful to distribute money across both parties. Despite the massive campaign spending, the industry-funded messages rarely mention digital assets.

The goal? To get as many members of Congress as possible on the pro side of crypto votes. The industry is already seeing the impact of its campaign finance potential on Capitol Hill.

So, what's your take on this? Is crypto's political influence a game-changer or just another business interest trying to steer U.S. elections? Let's discuss! 🗣️💬