Fairshake

{{Short description|American pro-crypto political action committee}}

Fairshake is a political action committee funded by the cryptocurrency industry that supported candidates in the 2024 United States elections. {{Cite news |last=Huang |first=Vicky Ge |date=2024-05-29 |title=Ripple Donates Another $25 Million to Crypto Super PAC Fairshake |url=https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-29-2024/card/ripple-donates-another-25-million-to-crypto-super-pac-fairshake-o2p0M2uK7hy3d9RRodRa |access-date=2024-07-31 |work=The Wall Street Journal}}{{Cite web |last=Beckett |first=Lois |date=2024-03-01 |title=Crypto Super Pac spends $10m on Katie Porter attack ads in California race |url=https://www.theguardian.com/us-news/2024/mar/01/crypto-super-pac-katie-porter-attack-ads |url-status=live |archive-url=https://web.archive.org/web/20240601020557/https://www.theguardian.com/us-news/2024/mar/01/crypto-super-pac-katie-porter-attack-ads |archive-date=2024-06-01 |access-date=2024-07-31 |website=The Guardian}}{{Cite web |last=Goldmacher |first=Shane |date=February 13, 2024 |title=Crypto PAC Jumps Into Senate Race, Opposing Katie Porter in California |url=https://www.nytimes.com/2024/02/13/us/politics/crypto-pac-katie-porter-senate.html |access-date=2024-07-31 |website=The New York Times}}{{Cite web |last=Goldmacher |first=Shane |date=March 8, 2024 |title=Crypto Super PAC to Target Races in Ohio and Montana That Could Swing the Senate |url=https://www.nytimes.com/2024/03/08/us/politics/crypto-super-pac-senate-oh-mt.html |access-date=2024-07-31 |website=The New York Times}} Major contributors include Coinbase, Ripple, and Andreessen Horowitz.{{Cite web |last=Rowe |first=Niamh |date=2024-06-03 |title=Coinbase donates $25 million to super PAC Fairshake days after Biden vetoes crypto custody bill |url=https://fortune.com/crypto/2024/06/03/coinbase-donates-25-million-to-super-pac-fairshake-days-after-biden-vetoes-crypto-custody-bill/ |url-status=live |archive-url=https://web.archive.org/web/20240612164108/https://fortune.com/crypto/2024/06/03/coinbase-donates-25-million-to-super-pac-fairshake-days-after-biden-vetoes-crypto-custody-bill/ |archive-date=2024-06-12 |access-date=2024-07-31 |website=Fortune |language=en}}

The Hill reported that more than $10 million of the super PAC's spending went toward opposing the California Democratic Senate primary bid of Katie Porter, who lost in the March 2024 primary.{{cite news | url=https://thehill.com/policy/technology/4691219-ripple-pumps-additional-25-million-into-pro-crypto-super-pac/ | title = Ripple pumps additional $25 million into pro-crypto super PAC | first1 = Taylor | last1 = Giorno | work = The Hill | date = 29 May 2024}}

As of June 2024, CNBC reported that Fairshake had backed the winning candidate in 33 of the 35 House and Senate primary races it had entered.{{Cite web|url=https://www.cnbc.com/2024/06/26/crypto-pac-house-senate-elections.html|title=Crypto industry super PAC is 33-2 in primaries, with $100 million for House, Senate races|first=Emily|last=Wilkins|date=26 June 2024|website=CNBC}}