Fairshake backs candidates in 32 House races

Support across party lines

Fairshake, a major cryptocurrency super PAC, is backing candidates in 32 House races with one month remaining before the midterm elections. Spokesperson Geoff Vetter confirmed the plans to The Hill on Monday.

The group’s support is divided between 13 Democratic candidates and 19 Republican candidates. The announcement places Fairshake in contests involving both major parties rather than concentrating its support on candidates from one party.

Fairshake plans to spend each on six of the candidates it is supporting. That figure applies to those six candidates, not all 32 candidates included in the broader announcement. The spending amounts for the other candidates were not stated.

What the spending means

Fairshake’s plans concern House races across the midterm map rather than one contest. The 13-to-19 breakdown counts supported candidates by party; it does not describe how the group’s total spending will be divided between Democratic and Republican candidates.

The six commitments mark the largest individual spending amounts identified in the announcement. Details about where and when the money will be spent will determine how Fairshake’s support appears in each race during the final month.

The group’s backing does not establish the candidates’ positions on cryptocurrency policy. No candidate policy positions were included in the announcement, and the party breakdown alone does not explain why Fairshake selected each candidate.