Crypto PAC Fairshake spends $12 million to win Alabama Senate primary for Barry Moore

Fairshake, the crypto industry's top super PAC, spent over $12 million backing Barry Moore in Alabama's Senate primary runoff. Moore won with 56% of the vote, marking the industry's biggest single-candidate spend this cycle.

• Fairshake spent more than $12 million on Barry Moore's Alabama Senate primary runoff, the most the PAC has put behind any candidate this cycle.
• Moore, a Trump-endorsed House member who voted yes on every major crypto bill, won with nearly 56% of the vote.
• The win follows a setback in Illinois where Fairshake spent $10 million trying to defeat a Democratic candidate who still won.
• Fairshake and its affiliates still have roughly $150 million cash on hand for the general election.
• The PAC is primarily funded by Coinbase, a16z Crypto, and Ripple.

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