Crypto PACs made big Republican push in final weeks before November 3 election

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Even as polling and online wagers put Democrats at a high chance to claim greater power in Congress, the industry's high-profile support has gone the other direction. The crypto industry has staked most of its high-profile congressional midterm spending on Republicans, putting the sector in the trenches with the party that most polls predict will take a heavy hit in the elections. One of the most fearsome corporate campaign operations in this U.S. election cycle, Fairshake has been the outsized and most highly active political action committee for digital assets interests. The super PAC (and its affiliates) devoted $154 million to its favored candidates in these elections, a spokesman said, and it still has a $56 million nest egg to keep it rolling into the next cycle, similar to its strategy two years ago. The smaller Digital Freedom Fund — the super PAC backed primarily by Tyler and Cameron Winklevoss — got into the general-election fight, too, committing more than $8 million this…

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