As a seasoned crypto investor with roots deeply entrenched in both the tech and political landscapes, I find myself at a crossroads regarding the recent decision by Fairshake, a prominent crypto Super PAC, to target Senator Sherrod Brown.


A Democratic mega-donor is leaving a top crypto Super PAC over the group’s plan to defeat a Democratic Senator.

Ron Conway told other donors in an email that he disagreed with Fairshake, the best-funded crypto Super PAC, spending $12 million to unseat Senator Sherrod Brown (D-Ohio) in November. The email was first reported by Politico.

Conway, a venture capitalist, donated $500,000 to Fairshake in December along with a who’s who of other elite tech figures.

He said going after Brown would undermine efforts by Senate Majority Leader Chuck Schumer, a Democrat, to pass crypto legislation in Congress by the end of the year. “$12M to Brown’s opponent when Sen Schumer is doing his best to get a bill passed in the lame duck … You all know that is [a] ‘slap in the face’ to Sen Schumer,” the email reads, according to Politico.

As a crypto investor, last week, I learned that Senator Schumer expressed his intention to push through bipartisan Senate cryptocurrency legislation before the year’s end.

As a dedicated cryptocurrency investor, I’d like to emphasize that the opinions shared here are my own and may not align with those held by CoinDesk, its parent company, or any affiliated entities. However, these personal insights are based on my experiences in the dynamic world of digital assets.

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2024-08-20 03:46