Super PAC Fairshake Spends $2,000,000 on New Ad Criticizing Democrat Jamaal Bowman

The Fairshake super political action committee (PAC) has spent $2 million on an attack ad against Jamaal Bowman that has under 400 views.

Fairshake dropped an ad attacking New York Congressman Jamaal Bowman four days ago, which is available on YouTube.

The ad’s budget was disclosed to the Federal Election Commission.

According to StandWithCrypto.org, Bowman has voted against two “very pro-crypto” bills and one “somewhat pro-crypto bill.” Analyzing those three statements, StandWithCrypto.org has determined that Bowman is “strongly against crypto.”

Last month, Ripple Labs donated $50 million to FairShake.

As stated by Ripple chief executive Brad Garlinghouse in the press release,

“Ripple will not, and the crypto industry should not, keep quiet while unelected regulators actively seek to impede innovation and economic growth that millions of Americans utilize. The crypto industry intends to remain heavily invested in this effort until we see meaningful change.”

Earlier this month, Coinbase followed with a $25 million donation of its own.

“Coinbase is an apolitical company on issues unrelated to our mission. But when it comes to our mission of increasing economic freedom by growing the adoption of cryptocurrencies, we are deeply engaged in policy efforts…

This must be a bipartisan effort because getting legislation passed will require support from both parties and because an equal percentage of Democrats (22%), Republicans (18%), and Independents (22%) own crypto.”

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