Top Democratic Donor Leaves Crypto Super PAC

A Democratic mega-donor is leaving a top crypto Super PAC over the group’s plan to defeat a Democratic senator.

Ron Conway told other donors in an email that he disagrees with Fairshake, the top-funded crypto Super PAC, which spent $12 million to unseat Sen. Sherrod Brown (D-Ohio) in November. Email was first reported by Political.

Conway, a venture capitalist, donated $500,000 to Fairshake in December, along with a who is who of other tech elite figures.

He said pursuing Brown would undermine efforts by Senate Majority Leader Chuck Schumer, a Democrat, to pass crypto legislation in Congress by the end of the year. “$12 million for Brown’s opponent when Sen Schumer is doing everything he can to get a bill passed in lame duck … Y’all know it’s (a) ‘slap’ on Sen Schumer,” the e- email, according to Politico.