Crypto and AI super PACs stockpile $250M war chest to shape 2026 US midterms

The crypto and AI industries have amassed over $250M in combined super PAC funding ahead of the 2026 midterms, smashing previous spending records. Fairshake leads with $191M cash on hand fueled by Coinbase ($8M), Ripple ($25M), and a16z ($24M), while the AI-focused Leading the Future PAC — backed by OpenAI co-founder Greg Brockman and Palantir's Joe Lonsdale — holds $50M+ with more pledged. Both sectors are racing to lock in favorable regulation before Congress finalizes crypto market structure and AI governance bills, effectively turning lobbying spend into a policy moat.

TLDR by @Benthic

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