The goal of Stand With Crypto is to raise money for politicians who favor cryptocurrencies.
With more than 440,000 members, the group recently revealed that it has endorsed candidates from all parties for the Senate and the House of Representatives, demonstrating its coordinated efforts to promote the blockchain and cryptocurrency sectors.
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The political action committee (PAC)
The political action committee (PAC) is part of a larger push by crypto super PACs like Fairshake, Defend American Jobs, and Protect Progress, which together have raised over $110 million in this election season, according to data from the Federal Election Commission.
In the face of increased scrutiny following the conviction of FTX founder Sam Bankman-Fried for consumer fraud and misappropriation of over $100 million for US political campaigns, the PACs seek to support candidates that embrace cryptocurrency.
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Stand With Crypto
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Fairshake, Defend American Jobs, and Protect Progress
The political action committee (PAC) is part of a larger push by crypto super PACs like Fairshake, Defend American Jobs, and Protect Progress, which together have raised over $110 million in this election season, according to data from the Federal Election Commission.
In the face of increased scrutiny following the conviction of FTX founder Sam Bankman-Fried for consumer fraud and misappropriation of over $100 million for US political campaigns, the PACs seek to support candidates that embrace cryptocurrency.
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