Crypto PAC won the Alabama Republican primary with $12 million in backing for candidate Barry Moore.

CoinFeed reported on June 17th that, according to CoinDesk, crypto super PAC Fairshake spent over $12 million in the Alabama Senate primary to support Representative Barry Moore, a staunch Trump supporter, in winning the Republican primary. Moore voted in favor of all major crypto legislation during his time in Congress, and this victory marks a significant triumph for the crypto industry's political power. A Fairshake spokesperson stated that this is the largest single expenditure in this cycle, adding a representative who supports innovation to the Senate.