# Crypto's Largest Political Fund Loses a $2 Million Florida Race as FTX Cases Close

Fairshake's spending failed in a primary where its advertisements drew criticism for using fabricated headlines, on the same day a court imposed trading bans on two former FTX executives.

- Published: 2026-08-20T05:47:26.932Z
- Canonical: https://polylog.news/crypto/2026-08-20/crypto-s-largest-political-fund-loses-a-2-million-florida-ra
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/08/19/crypto-campaign-fund-fairshake-faces-usd2-million-setback-in-florida-primaries), [crypto.news](https://crypto.news/cftc-resolves-ftx-cases-against-ellison-and-wang/)

Fairshake, the political action committee funded by digital-asset companies and a major source of crypto political money in the United States, spent roughly $2 million in Florida primaries and lost. The campaign had already attracted critic…

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