BlockBeats News, June 17th, according to The New York Times report, the crypto industry's Super PAC Fairshake and its affiliated organizations have invested approximately $12.1 million in the Republican Senate primary in Alabama, supporting pro-crypto Republican Congressman Barry Moore. Among them, data from the advertising monitoring firm AdImpact shows that TV ad spending alone has reached $9.8 million.

Barry Moore has previously supported multiple crypto industry-friendly bills and has publicly opposed Central Bank Digital Currency (CBDC). He has stated that he does not want the government to control people's financial activities. Fairshake's campaign ads have prominently featured former President Trump's endorsement of Moore.

As of May this year, Fairshake and its affiliated organizations held approximately $150 million in funds, making it one of the most influential political forces in the 2026 U.S. midterm elections. The organization plans to reserve the majority of the funds for the fall election and continue to support pro-crypto candidates in certain "safe seat" primaries.

Previously, Fairshake had invested around $9 million in the Illinois Democratic Senate primary to support the opposition but failed to prevent Julianna Stratton from winning. This time in Alabama, Fairshake's affiliated organization Defend American Jobs has cumulatively invested around $10 million to support Barry Moore, while the funding for his opponent, retired Navy SEAL Jared Hudson, is significantly smaller.