Its biggest reported donors in the 2026 cycle were Ripple Labs Inc. ($48M), Coinbase ($25M), Ah Capital Management ($24M), Digital Currency Group, Inc. ($1.0M), Universal Navigation Inc., Dba Uniswap Labs ($1000K), out of $99M received from donors tracked here.

Which candidates did Fairshake spend the most on in 2026?

against Juliana Stratton (Illinois Senate, $9.9M, lost); against La Shawn Ford (Illinois 7th District, $2.5M, lost); for Bryan Steil (Wisconsin 1st District, $1.0M, lost).

← All super PACs

Outside spender

Fairshake

Crypto industry

FEC committee C00835959

Backed losers

Fairshake (Crypto industry) spent $19M on independent expenditures in the 2026 federal elections, and 50% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 17% were on the winning side ($3.1M won, $14M lost, with $1.0M in races still being counted). $817K had no matched result and is excluded.

Outside spending

$19M

Winning share of scored dollars

17%

$17M scored (90% of spending); $817K unknown

On the losing side

$14M

$1.0M still being counted

Supporting vs attacking

32% / 68%

$6.1M for, $13M against

Google says Fairshake also spent $256K on Google and YouTube ads this cycle (1% of its FEC-reported outside spending). All ad buyers →

Follow the money

Who filled the envelope

The donor records in this snapshot trace $99M to Fairshake. This is incomplete funding coverage; percentages below refer only to these traced gifts. The allocation denominator is $202M.

All big donors →

Ripple Labs Inc.Company$48M (48%)
CoinbaseCompany$25M (25%)
Ah Capital ManagementCompany / nonprofit$24M (24%)
Digital Currency Group, Inc.Company / nonprofit$1.0M (1%)
Universal Navigation Inc., Dba Uniswap LabsCompany / nonprofit$1000K (1%)
Robert LeshnerIndividual$300K (0%)
Solana Policy InstituteCompany / nonprofit$10K (0%)
Michael MillerIndividual$350 (0%)
Aaron GilbertIndividual$350 (0%)

The people behind it

The people giving to Fairshake

3 named people gave $301K in itemized gifts this cycle. These are the biggest. Committees must name anyone who gives more than $200 in a year; smaller gifts are reported only as a lump sum, and money from companies, unions and other groups is not in this list.

Robert LeshnerCEO · Employer: Superstate, Inc. · NY$300K
Michael MillerRetired · IN$3502 gifts
Aaron GilbertFounder/Entrepreneur · Boston Evening Therapy Associates · CO$350

Names, employers and occupations are as the committee reported them to the FEC. People with the same name in the same state are counted as one person. Federal law bars using these names to ask for money or for any commercial purpose.

Where the money went

Biggest targets, with whether each one won.

✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched

Candidate	Race	Spending	Amount	Won?
Juliana Stratton	Illinois Senate (primary)	Attacking	$9.9M	✗ No
La Shawn Ford	Illinois 7th District (primary)	Attacking	$2.5M	✗ No
Bryan Steil	Wisconsin 1st District	Supporting	$1.0M	✗ No
Janelle Bynum	Oregon 5th District	Supporting	$1.0M	✓ Yes
French Hill	Arkansas 2nd District	Supporting	$1.0M	Counting
Bill Huizenga	Michigan 4th District	Supporting	$1.0M	✗ No
Derek Tran	California 45th District	Supporting	$1.0M	✓ Yes
Steven Horsford	Nevada 4th District	Supporting	$1.0M	✓ Yes
Robert Peters	Illinois 2nd District (primary)	Attacking	$817K	Unknown

Questions people ask

How much did Fairshake spend in 2026, and did it win?: Fairshake (Crypto industry) spent $19M on independent expenditures in the 2026 federal elections, and 50% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 17% were on the winning side ($3.1M won, $14M lost, with $1.0M in races still being counted). $817K had no matched result and is excluded.
Who funds Fairshake?: Its biggest reported donors in the 2026 cycle were Ripple Labs Inc. ($48M), Coinbase ($25M), Ah Capital Management ($24M), Digital Currency Group, Inc. ($1.0M), Universal Navigation Inc., Dba Uniswap Labs ($1000K), out of $99M received from donors tracked here.
Which candidates did Fairshake spend the most on in 2026?: against Juliana Stratton (Illinois Senate, $9.9M, lost); against La Shawn Ford (Illinois 7th District, $2.5M, lost); for Bryan Steil (Wisconsin 1st District, $1.0M, lost).