FairShake's Controversial Position: Crypto Community Criticizes Lack of Support for Pro-XRP Advocate John Deaton
FairShake, a leading crypto Super PAC, is facing backlash for not supporting XRP supporter John Deaton.
Critics argue that FairShake's financial support predominantly favors anti-crypto candidates.
Crypto supporters are concerned about the lack of transparency in FairShake's fund distribution.
FairShake, a crypto Super PAC, is drawing fire from the crypto community for ignoring XRP advocate John Deaton.
FairShake Criticized for Ignoring John Deaton
FairShake, a prominent crypto Super PAC, is facing major backlash over its lack of support for John Deaton's election campaign. Known for defending XRP holders against the SEC, Deaton is running against Senator Elizabeth Warren, who is openly anti-crypto.
Review by Stephen Chip
Stephen Chip, co-founder of On The Chain and known as Chip-onthechain.io, criticizes FairShake for providing partisan financial support. Chip noted that by the end of May, FairShake had raised $160 million, with 90% of these funds directed to Democratic candidates with anti-crypto leanings. This raised concerns within the community about the lack of financial support for John Deaton in particular.