Episode Details

Fairshake’s big crypto-backed bet in Detroit hit a snag—spending over $2 million to support Shri Thanedar fell short as he lost his Democratic primary to Donavan McKinney, a rare stumble for the influential fund. But while that stung, Fairshake celebrated wins elsewhere in Michigan and Washington, backing winners like Bill Huizenga, Suzan Delbene, Kim Schrier, Marilyn Strickland, and even Amanda McKinney—a GOP candidate endorsed by Trump. This election push is part of a broader strategy to cement crypto’s foothold in Congress, especially as key legislation like the Digital Asset Market Clarity Act looms—and tax questions remain unanswered. The Thanedar loss reminds everyone: even with deep pockets, political outcomes can still be wildcards.

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