The post Winklevoss Twins Invested $4.9 Million In Crypto PAC Fairshake  appeared on BitcoinEthereumNews.com.

On February 20, Fairshake Super Political Action Committee (PAC), the super political action committee raised over $4.9 Million from the Winklevoss twins. Tyler and Cameron Winklevoss are the founders of Gemini, who donated around $2.45 Million each. The same was confirmed by the PAC Fairshake and the US Federal Election Committee (FEC). List of donors to crypto PAC Fairshake According to a February 20 filing, Fairshake, a Super political action committee (PAC) has raised around $4.9 Million from Tyler and Cameron Winklevoss. The committee is indulged in opposing Katie Porte, an anti-crypto California Senate Candidate.  On December 18, 2023, the twin brothers entered the list of high-profile crypto investors including ARK Invest, Coinbase, a16z, Ripple, and Circle. Venture capital firm Blockchain Capital is another major donor who donated around $100,000 in January. Other players on the list include Andreessen Horowitz, Jump Crypto, Ripple Labs, and Coinbase which donated $14 Million, $5 Million, $20 Million, and $15.5 Million respectively. A few of the biggest giants on the list are Kraken Cryptocurrency Exchange and Celectric Capital which donated $750,000 and $500,000 respectively.   According to OpenSecrets.org report, the platform has raised over $85 Million in the year 2023-2024 with $18 Million in total spending. Additionally, the platform has $4 Million in independent expenditures and $66 Million in end cash-on-hand receipts. Super PAC Fairshake spending   On February 13, Super PAC had spent around $3.6 Million opposing Katie Porter. In addition to this, Senator Elizabeth Warren, a hardline cryptocurrency critic said the firm to spend assets to stop the Senate run. The Committee is prohibited from sending assets directly to political candidates and supporting cryptocurrency candidates. Super PAC is committed to securing the innovators of the United States. However, many of the players in the digital assets industry consider Fairshake as a chief player in…

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Filed under: News - @ February 22, 2024 11:28 am