Fairshake to spend $1.5 million to unseat U.S. Rep. Al Green in primary

Source
JH Kim

Summary

  • Crypto-industry super PAC Fairshake said it plans to spend $1.5 million to defeat U.S. Rep. Al Green in a primary.
  • Al Green is an anti-crypto figure who has received an F rating from Stand With Crypto.
  • His primary challenger, Christian Menefee, received an A rating, and crypto-industry money is being injected directly into the primary contest.

Fairshake, a crypto-asset industry super PAC, plans to spend $1.5 million to defeat U.S. Rep. Al Green in a primary.

According to crypto-focused outlet CoinDesk on the 12th (local time), Green is a prominent anti-crypto figure and has received an F rating from the crypto advocacy group Stand With Crypto. The group assigns ratings by assessing politicians’ positions on crypto policy.

Green’s primary challenger is Christian Menefee, who received an A rating from Stand With Crypto. With crypto-industry money being injected directly into the primary contest, the political battle over related policy appears to be intensifying.

Photo = Shutterstock
Photo = Shutterstock
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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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