Defend American Jobs, a political action committee affiliated with crypto super PAC Fairshake, is preparing to spend $5 million to back Barry Moore in his campaign for the U.S. Senate, according to a Bloomberg report.
🚨 CRYPTO JUST BOUGHT A SENATE SEAT $5M from Fairshake PAC into Alabama race Backing pro-crypto Barry Moore First big midterm flex
Regulators: your time is up 😈💰 pic.twitter.com/kXl4g5fMNr— The Guilty Ones (@concepts_easy) February 11, 2026
The five-week advertising push is expected to begin this week, featuring broadcast television spots and placements on Fox News. The ads will reportedly highlight an endorsement from U.S. President Donald Trump.
In a statement cited by Bloomberg, Fairshake said it was “proud to stand with Barry Moore,” describing him as a leader who would promote economic growth and support efforts to make the United States a global hub for cryptocurrency innovation.
Moore’s pro-crypto record draws industry support
Moore, first elected to the U.S. House of Representatives in 2020, has built a reputation as a crypto-friendly lawmaker. He has publicly aligned himself with pro-crypto policy positions. In a December post on X, Moore echoed Trump’s favourable stance toward digital assets, stating that cryptocurrency is “not a fad” but part of the nation’s economic future, including Alabama’s.
Advocacy group Stand With Crypto, which tracks lawmakers’ positions on digital assets, rates both Moore and Alabama Attorney General Steve Marshall as “strongly supportive” of crypto. A recent survey of 500 Republican voters reported by Alabama Daily News found 26% backing Marshall and 17% supporting Moore if the election were held immediately.
Crypto PACs ramp up midterm spending
Fairshake has emerged as one of the most influential crypto-focused political fundraising groups in recent election cycles. Backed by major industry players such as Coinbase and Ripple Labs, the PAC reportedly spent around $130 million during the 2024 elections to support candidates viewed as favourable to digital asset policy.
The group disclosed earlier this year that it holds approximately $193 million in cash reserves ahead of the upcoming midterm cycle. Primary elections are scheduled for May, when parties will select their nominees, followed by the general election on November 3.
Beyond Fairshake, other crypto-linked entities have also been active politically. Gemini Trust and Foris Dax, the parent company of Crypto.com, contributed $21 million last year to a Trump-aligned PAC, funds that could also shape the coming midterm contests.
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