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The flow of political donations in the crypto industry remains unclear, and American Republicans are dissatisfied with Fairshake's midterm election plan.

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ME News Report, May 17 (UTC+8), U.S. Republican Party members are increasingly dissatisfied with the flow of political donations to the cryptocurrency industry, demanding that the pro-crypto super PAC Fairshake, which holds $165 million, clearly state its support for Republican candidates in this year's midterm elections. Republicans believe that, given the significant progress made in pro-crypto legislation such as the CLARITY Act, it is disappointing that Fairshake has yet to announce its election spending plans. One of the controversial points is Ohio Democratic Senate candidate Sherrod Brown. Fairshake spent over $40 million in 2024 to defeat incumbent Senator Brown, but Brown's attitude toward the crypto industry has noticeably softened since then, causing Republicans to worry that Fairshake will avoid its current election campaign. The situation of New Hampshire Congressman Chris Pappas has also sparked controversy, as his Stand With Crypto rating has risen from "F" to "A" within 8 months, and Republicans initially expected Fairshake to focus on Pappas in the midterm elections. In response, supporters of Fairshake say that it is still too early to speak out and emphasize that the PAC is bipartisan, aiming to reward supporters and punish critics, rather than unconditionally support the Republican Party. Some pro-crypto Republicans, such as the Winklevoss brothers, have established separate independent groups specifically supporting Republican candidates. (Source: Foresight News)
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