Crypto PAC Spends $12M Backing Republican in Alabama Runoff

Federal Election Commission filings show Defend American Jobs, a political action committee affiliated with Fairshake, has spent more than $12 million on media and advertising to support Republican Barry Moore in the Alabama U.S. Senate runoff.

The filings break the total into roughly $4.7 million for runoff advertising on top of about $7.4 million reported before the May 20 primary. FEC records attribute the bulk of the ad buys to the Defend American Jobs affiliate that pledged to back pro-crypto candidates and oppose those it views as hostile to the industry.

Moore, who has the endorsement of former President Donald Trump, is running against fellow Republican Jared Hudson for the seat being vacated by Sen. Tommy Tuberville, who is not seeking reelection while campaigning for governor.

Advocacy groups focused on digital assets have highlighted differences between the candidates on crypto policy. Stand With Crypto rated Moore as ‘strongly supports crypto’ based on his public statements and his voting record from Alabama’s 1st Congressional District, and rated Hudson as ‘neutral.’ Hudson has acknowledged that ‘Big Crypto’ did not back his campaign but has expressed support for a Senate market-structure bill intended to clarify rules for digital assets.

Other crypto-linked political groups have taken positions in the race. The Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, announced support for Moore but had no related FEC expenditures listed in the latest filings. The Fellowship PAC, funded in part by Cantor Fitzgerald and Anchorage, reported about $350,000 in spending to support Moore.

Filings show Fairshake-affiliated PACs have already spent millions on primary contests in Texas and California and have planned or completed media buys for House candidates in Maryland and New York, including about $5 million for Adrian Boafo and roughly $500,000 for Ritchie Torres. Fairshake reported holding approximately $193 million in available funds as of January in regulatory disclosures.

Republican control of the Senate could affect the progress of digital-asset legislation pending in Congress. The Digital Asset Market Clarity Act passed the House in July 2025 but has not advanced in the Senate amid disagreements over stablecoin rewards, trading rules for tokenized equities and other regulatory details.

In its FEC filings, Defend American Jobs described its advertising strategy as opposing ‘anti-crypto politicians’ and supporting ‘pro-crypto leaders.’ Industry groups and lawmakers are monitoring the Alabama result to see whether concentrated media spending by industry-aligned PACs affects outcomes in close contests and subsequent legislative priorities on digital assets.