Guavy AI Editorial TeamSentiment: 2Clout: 82

Crypto PAC Drops $12M in Alabama Senate Runoff, Seeks to Shape Crypto-Friendly Congress

A crypto-linked political action committee (PAC), Defend American Jobs, has invested over $12 million in support of Republican Senator candidate Barry Moore in Alabama's Senate runoff election. This includes more than $4.7 million spent on media and advertising ahead of Tuesday's primary vote.

The PAC is affiliated with Fairshake, which had reported holding a $193 million war chest as of January. The group aims to 'oppose anti-crypto politicians and support pro-crypto leaders' through its efforts. In this case, Moore has been endorsed by U.S. President Donald Trump and is described as 'strongly supporting crypto,' whereas his opponent Jared Hudson is seen as 'neutral' on crypto policy.

Stand With Crypto, a Coinbase-affiliated advocacy organization, characterized Hudson's stance as neutral compared to Moore's support for specific bills, such as the Digital Asset Market Clarity (CLARITY) Act. This bill has already passed the House but faces delays in the Senate.

The investment by Defend American Jobs is not limited to Alabama; similar media buys are planned in Maryland and New York later this month, with stakes totaling over $5 million for the Maryland House race and roughly $500,000 for New York's House contest. The broader strategy reflects a deliberate cycle of spending tied to sequential election dates.