Pro-crypto Super PAC targets Rep. Katie Porter in California Senate race

The Fairshake political action committee raised more than $85 million and spent roughly $19 million as of Dec. 31, according to data from Open Secrets.

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The Fairshake political action committee (PAC), a Super PAC backed by crypto firms including Ripple and Coinbase, has released ads targeting United States Senate candidate Katie Porter.

According to a Feb. 13 X post from AdImpact Politics, Fairshake spent $2.9 million as part of an ad campaign attacking Porter, running for one of California’s two seats in the U.S. Senate in 2024. The Super PAC ad spot claimed Rep. Porter took campaign contributions from “big pharma, big oil, and the big bank executives.”

Related: Crypto voters could provide ‘key swing’ in 2024 US elections: CCI poll

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