Crypto PAC Targets Katie Porter With $80 Million War Chest, Claiming Ties to Banks and Big Industries
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U.S. Rep. Katie Porter, a prominent progressive Democrat from California, is being targeted by the crypto industry's Fairshake PAC.
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Fairshake has spent part of its $80 million+ war chest on ads attacking Porter's Senate bid ahead of the March primary.
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Porter has not been very outspoken against crypto, but Fairshake claims she has taken money from banks, pharma, oil, and her super PAC is misleading voters.
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Porter's campaign says billionaires & corporations are trying to rig the election with misinformation about her record.
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This comes amid broader efforts by crypto interests to oppose regulation, including ads against Sen. Sherrod Brown and scrutiny of FTX's past political donations.