PAC, funded by Coinbase and Ripple, invests $2 million in Florida
2026-08-19 04:09:07
According to CoinMeta, as reported by Cointelegraph, Protect Progress PAC, funded by Coinbase and Ripple Labs, spent over 2 million dollars on advertising against Democratic candidate Oliver Gilbert in Florida's 24th Congressional District. Records from the Federal Election Commission show that Oliver Gilbert received support from incumbent member Frederica Wilson, who previously voted against bills proposed by Clarity and Genius. As of January, Fairshake held $193 million in funds, and by June, they had invested over 82 million dollars in various primary elections.
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