Ripple- and Coinbase-funded PAC Spends $2M in Florida Race with Little Mention of Crypto

Ripple- and Coinbase-funded PAC Spends $2M in Florida Race with Little Mention of Crypto

A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to PAC-funded negative ads.

Ripple- and Coinbase-Backed PAC Spends $2M in Florida Elections

A crypto-focused political spending wave is targeting Florida’s 24th congressional district primary, with a PAC affiliate of Fairshake investing more than $2 million in ads attacking Democratic frontrunner Oliver Gilbert. The development underscores how digital-asset policy is increasingly intertwined with mainstream political races ahead of key votes in Congress. According to Federal Election Commission (FEC) records filed as of Tuesday, Protec…