Key facts
- Fairshake affiliate Protect Progress PAC spent $189,000 on media to support Representative Jake Auchincloss.
- The PAC has spent over $130 million in the 2024 election cycle.
- Some funds were allegedly used for AI-generated mailers.
- Auchincloss has received $77,500 from crypto industry sources since 2020.
- Fairshake has $122 million cash on hand for the 2026 midterms.
The political action committee Fairshake, which has been a significant spender in election cycles, is supporting Representative Jake Auchincloss in the Massachusetts primary through its affiliate, Protect Progress PAC. The PAC spent just over $189,000 on media to support Auchincloss's reelection campaign. Some of these funds were allegedly used to create "AI-generated slop mailers," according to Democratic candidate Jason Poulos, who urged Auchincloss to publicly renounce the PAC's influence. Poulos also highlighted Auchincloss's past acceptance of $77,500 from crypto industry sources and his voting record on digital asset legislation. This spending by Fairshake, which poured over $130 million into the 2024 election cycle, is part of its broader strategy to influence elections using crypto industry funds, irrespective of candidates' stances on crypto issues. Fairshake reported having $122 million in cash on hand ahead of the 2026 midterm elections, indicating continued efforts to shape political outcomes.