Crypto-Backed Candidate Barry Moore Wins Alabama Republican Senate Primary

Republican Congressman Barry Moore has won the Alabama Republican Senate primary runoff after receiving more than $12 million in support from crypto-backed political groups, marking one of the biggest political victories yet for the digital asset industry during the 2026 midterm elections.

Moore defeated former Navy SEAL Jared Hudson and is now expected to become a strong favorite in Alabama’s general election due to the state’s heavily Republican voter base. The race became one of the most expensive crypto-supported campaigns of the election cycle.

Fairshake PAC Increases Influence in US Elections

The majority of the financial support came from Fairshake, the powerful crypto super PAC backed by major digital asset companies including Coinbase, Ripple, and a16z Crypto. The organization spent heavily on advertising campaigns supporting Moore, who has consistently voted in favor of crypto-related legislation during his time in Congress.

Fairshake representatives described Moore as a “pro-innovation” candidate and confirmed the group still holds nearly $150 million available for future election spending.

Crypto Political Spending Continues to Grow

The result strengthens the crypto industry’s growing influence in Washington as lawmakers debate stablecoin regulation, market structure legislation, and digital asset oversight. Fairshake has already supported dozens of pro crypto candidates across both political parties and remains one of the most powerful political fundraising groups tied to the digital asset sector.