Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority

Florida CFO Jimmy Patronis delivers remarks before Gov. Ron DeSantis took to the stage during his Don't Tread on Florida Tour in Sarasota on Nov. 6, ahead of the Nov. 8 midterm election, 2022. Fresh off its victories in the 2024 election cycle, the crypto industry is going big in Florida. Affiliates of the Fairshake super PAC, a fundraising group that helped elect pro-crypto candidates up and down the ticket, is trying to boost Republican candidates in two Florida races, which could determine whether Republicans hold their thin House of Representatives majority. The vacancies emerged after sitting Republican members left to join President Donald Trump's second administration. One of them, former Congressman Matt Gaetz, withdrew his nomination for attorney general as he faced a number of legal controversies. The other, Michael Waltz, stepped down to become Trump's national security adviser. Fairshake is backing State Sen. Randy Fine with $1.16 million in ad spending, and investing a ... Read full article.