$2M Crypto-Funded Ads Target Democratic Candidate in Florida

A political action committee (PAC) funded by Coinbase and Ripple Labs has spent over $2 million on ads opposing Democratic candidate Oliver Gilbert in Florida's 24th congressional district.

The Protect Progress PAC, an affiliate of Fairshake, released the ads after Gilbert didn't take a prominent position on digital assets before they were released.

Gilbert accused 'Trump's tech billionaire buddies' behind the crypto con artists trying to buy a Democratic primary through the ads.