“PAC Allocates Nearly $29M for Cryptocurrency Initiatives”

**PAC Fairshake Donates Nearly $29 Million Amidst US Elections**

The political action committee PAC Fairshake contributed an impressive $28.86 million to various causes last month, making it the largest donor across all sectors during the ongoing elections, as per reports from CNBC. This news comes just days after the Federal Election Commission revealed their latest set of financial records.

Among its many contributions, PAC Fairshake donated $15 million to the “Defend American Jobs PAC,” a group that aims to influence cryptocurrency and blockchain policies while supporting conservative candidates. Another significant contribution was made in support of the Democratic party with a total of $5 million given directly to the “Protect Progress PAC.”

Furthermore, Fairshake has shown strong commitment towards individual politicians such as Representative Patrick Ryan (D-NY), who received over $1.9 million; Representative Steven Horsford (D-NV), granted over $1.7 million; and almost equally substantial amounts were presented to Representative Angela Dawn Craig (D-MN). The remaining funds were distributed amongst several other electoral hopefuls in states including Illinois, Colorado, Oregon, Iowa and Arkansas.

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