Crypto Super PAC Fairshake to back Rep. Barry Moore's Senate bid with $5M

Crypto industry Super PAC Fairshake plans to commit a total of $5 million to the Senate campaign of pro-crypto U.S. Representative Barry Moore of Alabama, CoinDesk reported. Fairshake stated its support for Moore as a leader who will promote economic growth and establish the U.S. as a crypto hub. The Super PAC also recently supported U.S. Representative French Hill, chairman of the House Financial Services Committee. Hill has spearheaded a bill on crypto market structure, which passed the House last year and is now awaiting consideration in the Senate.