Key facts
- Barry Moore won the Alabama Republican US Senate primary runoff.
- The crypto-aligned Fairshake PAC spent over $12 million to support Moore's campaign.
- Fairshake plans to spend an additional $5 million on Moore's general election bid.
- Moore has a voting record and public statements supporting cryptocurrency.
- Moore will face Democrat Everett Wess in the general election.
Barry Moore has won the Alabama Republican US Senate primary runoff, securing a significant victory with substantial backing from the crypto-aligned political action committee Fairshake. The PAC described its media buys as its 'biggest spend of the cycle,' totaling over $12 million to support Moore's candidacy. This financial infusion helped propel Moore to defeat his opponent, Jared Hudson, with 55.8% of the vote. Moore, who represents Alabama's 1st Congressional district and has been rated as 'strongly supports crypto' by Stand With Crypto, will now face Democrat Everett Wess in the general election. Fairshake, an advocacy organization affiliated with major crypto players like Coinbase, has indicated plans for further investment, with a $5 million advertising campaign set to support Moore in the upcoming general election. The PAC reported holding a substantial war chest of $193 million as of January, suggesting continued significant spending in support of pro-crypto candidates nationwide.