BlockBeats News, May 27th, in the Democratic primary election for the 18th Congressional District of Texas, United States, results showed that pro-cryptocurrency Democratic candidate Christian Menefee defeated Al Green, who has been a congressman for over 20 years.

Reports indicate that in this election, the cryptocurrency industry's Super Political Action Committee (Super PAC) Fairshake-affiliated organization Protect Progress invested millions of dollars to support Menefee and oppose Al Green, who has long been critical of the cryptocurrency industry. A Fairshake spokesperson stated that Green's defeat signifies that the "anti-crypto stance is having real political consequences."

Public information shows that Menefee is supportive of blockchain technology, believing it has the potential to enhance transparency and efficiency in the financial and supply chain sectors. He has received an "A" rating from the cryptocurrency organization Stand With Crypto. On the other hand, Al Green has previously opposed the GENIUS Stablecoin Act and the Clarity Act, warning that cryptocurrency assets could threaten the global status of the US dollar. He holds an "F" rating.

Data shows that Fairshake and its affiliated organizations have raised over $3.95 billion in the 2024 and 2026 election cycles, with major funding from Coinbase, Ripple, and Andreessen Horowitz.