Crypto PAC’s $12 Million Bet Pays Off as Barry Moore Clinches Alabama GOP Senate Nod
Barry Moore’s victory in Alabama’s Republican Senate primary runoff marked a significant win for the cryptocurrency industry’s political spending efforts, which poured more into his campaign than any other congressional race this cycle.
Crypto super PAC Fairshake and its affiliated groups invested more than $12 million to support Moore, helping him defeat former Navy SEAL Jared Hudson in Tuesday’s runoff after he failed to secure an outright majority in May’s primary, triggering a second round of voting.
The result adds momentum to the crypto industry’s broader campaign to elect lawmakers supportive of digital assets. Moore, a staunch ally of President Donald Trump, has consistently backed major crypto legislation in the House and is now widely expected to be favored in Alabama’s general election due to the state’s strong Republican lean.
Fairshake credited the outcome as another demonstration of its growing political influence. The group, the leading crypto-aligned super PAC, still has about $150 million in available resources for future contests, according to spokesperson Geoff Vetter.
The Alabama win follows a setback in Illinois, where Fairshake spent more than $10 million opposing Democratic candidate Juliana Stratton, who ultimately secured her primary victory. Despite that loss, the PAC has maintained a strong track record in most primary races nationwide.
Moore is seeking to succeed Senator Tommy Tuberville, who vacated the seat to run for governor. He also received support from Fellowship PAC, another crypto-affiliated political organization.
In Oklahoma, Fairshake also backed Representative Kevin Hern with roughly $735,000 in spending during his successful Republican Senate primary bid. Hern, like Moore, received an endorsement from President Donald Trump.
Funded primarily by major crypto firms including Coinbase, a16z Crypto, and Ripple, Fairshake entered the 2026 election cycle with nearly $193 million in funding. The group typically focuses on independent advertising campaigns that highlight candidates’ broader political strengths rather than directly advocating crypto policy positions.
Together, these results highlight the expanding role of crypto-aligned political spending in shaping U.S. congressional races ahead of the 2026 elections.
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