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Home»ADOPTION NEWS»Pro-crypto super PAC Fairshake received $4.9 million from the Winklevoss twins.
ADOPTION NEWS

Pro-crypto super PAC Fairshake received $4.9 million from the Winklevoss twins.

By Crypto FlexsFebruary 21, 20242 Mins Read
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Pro-crypto super PAC Fairshake received .9 million from the Winklevoss twins.
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Robbie • February 21, 2024 3:18 AM EST

Posted 1 minute ago In ~

Fairshake, a super political action committee that supports political leaders who support blockchain technology and cryptocurrency, received a total of $4.9 million in funding from Gemini co-founders Cameron and Tyler Winklevoss.

Bloomberg first reported the news, citing federal filings that showed the brothers each donated $2.45 million.

The filing also indicates that Fairshake had $72.8 million in cash at the time of reporting.

Winklevoss’ involvement with Fairshake was first announced on December 18, 2023. The twins have established themselves as funders including Andreessen Horowitz, ARK Invest, Circle, Ripple Labs, Coinbase, Payward, Electric Capital Partners, Blockchain Capital, and Jump Crypto. The super PAC has raised more than $85 million to date, making it one of the largest funders of cryptocurrency advocacy campaigns.

Fairshake’s most notable political acts to date include: Opposition to anti-cryptocurrency California Senate candidate Katie Porter.

The 2024 US election will be held in November this year.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Adam is Editor-in-Chief for Europe, Middle East and Africa. He lives in Central Europe and is the editor-in-chief and podcast host at OKX Insights, the former research arm of cryptocurrency exchange OKX. Prior to that, he co-founded and served as Editor-in-Chief of BeInCrypto.com, growing it into one of the leading cryptocurrency media brands. He previously served as Editor-in-Chief of Bitcoinist.com. Before joining the blockchain and cryptocurrency industry, he worked at Looper.com, Grunge.com, and SVG.com. He tweets at @XBT002 and can be emailed at (email protected).

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