Crypto Super Pac spends $10m on Katie Porter attack ads in California race
by Lois Beckett from Technology | The Guardian on (#6K0WJ)
Fairshake Pac spends millions opposing progressive Senate candidate known for tough stance on crypto industry
A Super Pac backed by the crypto industry has spent $10m on ads opposing Katie Porter's run for US Senate in California, as the young progressive congresswoman fights a tough battle to make it into a November Senate runoff with the Democratic frontrunner Adam Schiff.
The Fairshake Pac announced early this year that it had raised $85m from leaders across the crypto community for the Pac and its affiliates, with the goal of supporting leaders who champion the interests of progressive innovation and responsible regulation".
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