Crypto PAC Funding Fuels Republican House Wins in Florida

Two Republican candidates, Jimmy Patronis and Randy Fine, secured victory in Florida’s special elections after receiving substantial support from a crypto-focused political action committee. Fairshake, which received backing from companies like Coinbase, Ripple, and Andreessen Horowitz, contributed over $1.5 million to their campaigns. Their wins fill vacant House seats vacated by Matt Gaetz and Mike Waltz respectively, marking another significant shift in Florida’s political landscape for Republicans.