Billionaire venture capitalist Ron Conway said: Cut off ties It’s called a cryptocurrency super PAC. Fairshake After the group announced it would support the Republican candidate, Senator Sherrod Brown According to the Ohio Democrat, POLITICO Report.
Brown is the longtime chairman of the Senate Banking Committee. Cryptocurrency That’s something that’s never happened before, especially following the $30 billion collapse of cryptocurrency exchange FTX in 2022. Last week, a network of crypto-funded super PACs announced they would spend $12 million to support Brown’s challenger. Republican Bernie Morenoand is cryptocurrency friendly. POLITICOAccording to the report, Ms. Conway was furious when she found out about the funding for Mr. Moreno, and in emails published by the outlet, she said she had given the Democratic Legislators’ views He was discussing digital assets with Sen. Chuck Schumer (D-NY) when he found out.
“You all know this is a slap in the face to Senator Schumer and to me as I meet with him tomorrow in San Francisco. How short-sighted and stupid you all are,” Conway reportedly wrote, also expressing frustration at being blindsided by the news.
“Nobody told me what you were doing. [sic] “This is it,” Conway wrote. Conway said she had disassociated herself from the group due to a lack of shared values.
Conway is a major Democratic donor. Approved Conway is one of about 100 venture capitalists and founders who have joined Democratic presidential candidate and Vice President Kamala Harris’ venture capital firm. Conway has donated about $500,000 to two funds linked to Harris, the latest of which is $25,000 donation At the end of June, Conway, once known as the “Godfather of Silicon Valley,” SV AngelHis firm has been involved in the success of Airbnb, Facebook, Google and Twitter, and has investments in at least 10 cryptocurrency companies, including Coinbase and Uniswap.
FairShake’s donors include prominent crypto investors and other players, including Coinbase, Ripple, venture firms a16z and Union Square Ventures. As of last month, the super PAC had $161 million in its balance.
