Crypto PAC Fairshake will inject $1.5 million in campaign funds into Florida Republican candidates

ChainCatcher news, according to CoinDesk, the political action committee Fairshake in the cryptocurrency industry plans to invest $1.5 million to support the campaigns for two key U.S. House seats in the Florida special election. These two seats are crucial for the Republican Party to maintain its slim majority in the House. One of the vacant seats is related to Matt Gaetz, who was nominated by President Trump for Attorney General but withdrew due to facing criminal charges.

According to Fairshake spokesperson Josh Vlasto, the super PAC will invest $1.2 million to support state Senator Randy Fine in his campaign for the seat left by Michael Waltz, who currently serves as Trump's national security advisor. Additionally, Fairshake will invest approximately $345,000 to support state Chief Financial Officer Jimmy Patronis in his campaign for the seat left by Gaetz.

Both Republican candidates meet Fairshake's main criterion: support for digital assets. The Florida special election will be held on April 1, with early voting starting this weekend. While the Democrats have also invested heavily, these seats have shown a clear tendency toward the Republicans in recent voting.