Top Democratic Donor Leaves Crypto Super PAC
A Democratic mega-donor is leaving a top crypto Super PAC over the groups plan to defeat a Democratic Senator.
Ron Conway told other donors in an email that he disagreed with Fairshake, the best-funded crypto Super PAC, spending $12 million to unseat Senator Sherrod Brown (D-Ohio) in November. The email was first reported by Politico.
Conway, a venture capitalist, donated $500,000 to Fairshake in December along with a whos who of other elite tech figures.
He said going after Brown would undermine efforts by Senate Majority Leader Chuck Schumer, a Democrat, to pass crypto legislation in Congress by the end of the year. $12M to Browns opponent when Sen Schumer is doing his best to get a bill passed in the lame duck You all know that is [a] slap in the face to Sen Schumer, the email reads, according to Politico.
The post Top Democratic Donor Leaves Crypto Super PAC first appeared on Crypto News.
Text source: Crypto News
