Crypto-backed PAC, Fairshake, has spent over $2M opposing Democratic Rep. Jamaal Bowman's reelection. The group, backed by Ripple and Coinbase, has been part of a $9M campaign against Bowman, who voted against several crypto-friendly bills. The ad doesn't mention crypto but accuses Bowman of "pushing dangerous conspiracy theories". Bowman's opposition has attracted support from high-profile Democrats like Bernie Sanders and Elizabeth Warren. Fairshake's influence is already being felt, with Rep. Katie Porter losing a primary race after a targeted ad. Crypto is getting political, folks! 🗳️
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