Fairshake, a super political action committee (PAC), has recently launched a scathing attack ad against Jamaal Bowman, which has garnered less than 400 views so far.

The ad, which was released on YouTube four days ago, had a budget of $2 million, as reported to the Federal Election Commission. StandWithCrypto.org claims that Bowman opposed two bills that were very supportive of cryptocurrency and one that was somewhat supportive, leading them to conclude that Bowman is strongly against crypto.

In a show of support for Fairshake’s cause, Ripple Labs made a generous donation of $50 million last month. Ripple’s CEO, Brad Garlinghouse, emphasized the importance of standing up against regulators who hinder innovation in the crypto industry.

Following suit, Coinbase also contributed $25 million towards Fairshake’s efforts. Coinbase stressed the importance of bipartisan support in advancing legislation that promotes the adoption of cryptocurrencies, citing that individuals from various political affiliations are involved in the crypto space.

To stay updated on the latest developments, subscribe to receive email alerts or follow Fairshake on X, Facebook, and Telegram. Remember to exercise caution and conduct thorough research before making any investments in Bitcoin, cryptocurrency, or digital assets. The Daily Hodl does not provide investment advice and encourages readers to make informed decisions when trading in the volatile crypto market.