Ron Conway's Shocking Exit from Crypto PAC Due to Funding Controversy
SEO news: Billionaire VC Ron Conway Parts Ways with crypto PAC Fairshake Schumer’s crypto Legislation Goal Collides with Fairshake’s $12M Political Move Billionaire venture capitalist Ron Conway recently cut ties with Fairshake, a crypto-focused political action committee, after it announced a massive $12 million advertising campaign to support Republican candidate Bernie Moreno in the 2024 elections, according to reports Conway, who had previously donated $500,000 to Fairshake, expressed concerns that this move could alienate Democrats and potentially jeopardize pro-crypto legislation in Congress Fairshake did not respond to requests for comments at the time of this report Ron Conway Calls Out Fairshake Supporters, Halts Support Over Lack of Transparency Following his withdrawal from Fairshake, Conway criticized the PAC's lack of transparency and communication with its supporters Notably, Fairshake's backers include prominent figures in the crypto industry such as Coinbase CEO Brian Armstrong, Ripple's Brad Garlinghouse, and Andreessen Horowitz founders Marc Andreessen and Ben Horowitz...
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