Fairshake, a super PAC that supports cryptocurrency-friendly candidates, has now received a total of $4.9 million in funding from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported citing the latest federal filings.
The Winklevoss twins, co-founders of cryptocurrency exchange Gemini and heavyweight investors in Bitcoin (BTC), were seed investors in Fairshake, which was revealed in the first announcement on December 18, 2023. Winklevoss joins the list of high-profile cryptocurrency investors backing the Super PAC , such as Andreessen Horowitz (a16z), ARK Invest, as well as cryptocurrency companies like Circle, Ripple, Coinbase (COIN), and more.
Super PACs are prohibited from sending money directly to political candidates, and Fairshake has emerged as one of the most prominent campaign finance forces backing cryptocurrencies.