The cryptocurrency industry's political war chest, the Fairshake Super PAC, has made its first major move of the 2026 midterm season with a $5 million injection into the Alabama Republican Senate primary campaign of U.S. Representative Barry Moore. The funds, committed through the Fairshake affiliate Defend American Jobs, represent one of the largest single-candidate contributions from the digital asset sector this election cycle.
Fairshake stated it is "proud to stand with Barry Moore, a leader who will fight for economic growth and make America the crypto capital." The Super PAC identified Moore as a champion for balanced cryptocurrency legislation that promotes innovation while protecting consumers. The $5 million will fund television advertisements, digital marketing, and grassroots organizing in Alabama through "independent expenditures," meaning the PAC cannot coordinate directly with the Moore campaign.
Representative Moore, who has served five years in the House and sits on the Agriculture Committee, is campaigning to replace Senator Tommy Tuberville. He holds an "A" rating from the crypto advocacy group Stand With Crypto. In a December social media post, Moore declared, "Crypto is not a fad. It is part of our future. It is part of Alabama’s future." His legislative priorities include co-sponsoring market structure bills, advocating for regulatory clarity, and working on cryptocurrency taxation legislation.
This investment is part of Fairshake's broader strategy to promote pro-crypto candidates ready to pass friendly bills. The Super PAC has also recently devoted funds to Representative French Hill, Chairman of the House Financial Services Committee, who led the charge to pass a crypto market structure bill through the House last year. That bill now awaits Senate consideration.
The move signals the cryptocurrency industry's transition from defensive lobbying to proactive electoral politics. According to Federal Election Commission records, crypto-related political contributions have increased by approximately 300% since the 2022 election cycle. Fairshake's selection criteria for candidates include clear pro-innovation policy positions, relevant committee assignments, electoral viability, and leadership potential.