Fairshake, the leading crypto political action committee, supported Maryland Democratic state delegate Adrian Boafo with over $5.5 million in advertising for his Tuesday primary win, securing his spot in the general election for Representative Steny Hoyer's open seat. The spending drew criticism from Maryland Senator Chris Van Hollen, who called it an 'obscene amount of big special-interest money.' Fairshake also backed other incumbents: $516,000 for April McClain Delaney in Maryland, $1.3 million for Ritchie Torres in New York, and support for Blake Moore in Utah. All won their races. The PAC has $126 million on hand for the November general elections. If Boafo helps create a Democratic House majority, the crypto industry gains a strong ally. Fairshake's ads avoid direct crypto mentions, focusing instead on generally helpful political messaging.

Key facts

• Fairshake spent $5.5M on Adrian Boafo's Maryland primary win.
• Senator Chris Van Hollen criticized the spending as 'obscene.'
• Fairshake also backed McClain Delaney ($516K), Torres ($1.3M), and Moore.
• All supported candidates won their primary races on Tuesday.
• Fairshake has $126M remaining for the November general elections.

KeyAudit data perspective