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<a href="https://bitcoinworld.co.in/winklevoss-twins-donate-4-9m-to-support-pro-crypto-candidates-in-us-elections/" title="Winklevoss Twins Donate $4.9M To Support Pro-Crypto Candidates In US Elections" rel="noopener noreferrer nofollow"></a>
The Winklevoss twins, known for founding the Gemini crypto exchange, have shown their financial support for pro-crypto candidates in the upcoming US elections.
Each brother <a href="https://docquery.fec.gov/pdf/824/202402209619869824/202402209619869824.pdf" rel="noopener noreferrer nofollow">donated</a> $2.45 million to the Fairshake super PAC, bringing their total contribution to $4.9 million.
Fairshake, a major force in the crypto-political landscape, boasts a war chest of $72.8 million.&nbsp;
Other notable donors include Kraken ($750,000), Electric Capital ($500,000), and Andreessen Horowitz ($14 million combined).
See Also: <a class="row-title" href="https://bitcoinworld.co.in/how-will-the-crypto-industry-be-affected-if-donald-trump-wins-the-us-election/" aria-label="“How Will The Crypto Industry Be Affected If Donald Trump Wins the US Election?” (Edit)" rel="noopener noreferrer nofollow">How Will The Crypto Industry Be Affected If Donald Trump Wins the US Election?</a>
This injection of funds fuels Fairshake’s mission to support candidates “committed to securing the United States as the home to innovators building the next generation of the internet.”&nbsp;
With the crypto industry facing regulatory scrutiny and recent market turmoil, Fairshake seeks to combat potential over-regulation through backing crypto-friendly politicians.
Their largest campaign expenditure so far ($3.6 million) targets California Senate candidate Katie Porter, known for her critical stance on crypto.
This highlights the potential influence of super PACs, a concern raised by Senator Elizabeth Warren who fears such groups could sway elections.
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The post <a href="https://bitcoinworld.co.in/winklevoss-twins-donate-4-9m-to-support-pro-crypto-candidates-in-us-elections/" rel="noopener noreferrer nofollow">Winklevoss Twins Donate $4.9M To Support Pro-Crypto Candidates In US Elections</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Winklevoss Twins Donate $4.9M To Support Pro-Crypto Candidates In US Elections

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