Barry Moore Defeats Everett Wess in Alabama GOP Senate Runoff After $12M Crypto PAC Spend

Barry Moore won the Alabama Republican U.S. Senate runoff on Tuesday, defeating Democrat Everett Wess, after neither candidate received a majority in the May 19 contest, according to NBC News as cited in the KuCoin report.

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CoinDesk

The race is drawing heightened attention from the crypto political ecosystem because Federal Election Commission disclosures show pro-crypto political committees backed by Fairshake spent more than $12 million on media and advertising to support Moore across the May 19 primary and the Tuesday runoff.

Cointelegraph

KuCoin also says Defend American Jobs PAC—described as affiliated with Fairshake—spent more than $12 million on media and ads for Moore, while Stand With Crypto rated Moore “strongly supports crypto” based on public statements and his voting record in Alabama’s 1st Congressional district.

Fairshake spokesperson Geoff Vetter told Cointelegraph that the committee’s “biggest spend of the cycle” helped deliver another candidate characterized as a “pro-innovation champion,” and he said the network still has nearly $150 million in cash for future efforts.

The crypto.news report says Moore defeated former Navy SEAL Jared Hudson in the race to replace Senator Tommy Tuberville, who is running for Alabama governor, and it frames the outcome as another test case for crypto-aligned political spending ahead of larger House and Senate fights.

In the same coverage, Stand With Crypto rated Moore “strongly supports crypto,” while it rated Hudson “neutral” on crypto policy, and Hudson said “Big Crypto” did not back his campaign.

crypto.news

Cryptonews.net adds that Defend American Jobs had spent more than $4.7 million on media and ads to back Republican Barry Moore’s candidacy in the runoff, adding to the $7.4 million it reported spending ahead of his May 20 primary.

Cryptonews.net also says Fairshake and its affiliates poured millions of dollars into media for candidates facing primaries in Texas and California, and it notes that after Tuesday’s vote in Alabama, the PACs would have stakes in Maryland and New York later this month.

The KuCoin report says the Alabama runoff is part of a broader pattern in which Fairshake-related committees may have spent over $40 million across multiple states to back candidates described as “pro-crypto,” and it links the spending to questions about transparency, regulatory oversight, and cross-border policy alignment.

“Barry Moore won Alabama’s Republican Senate runoff after more than $12 million in pro-crypto PAC support helped carry his campaign into the November general election”

crypto.news

KuCoin also says the reporting highlights Protect Progress—described as a Fairshake affiliate—as having reported media buys for House-related races tied to Maryland Democrat Adrian Boafo and New York Democrat Ritchie Torres ahead of primaries set for June 23.

Cryptonews.net frames the stakes in terms of Senate control, saying Republicans currently hold a slim majority on both sides of the Capitol and that the party is fighting to regain control of both chambers starting in 2027, with passage of crypto-related legislation like the Digital Asset Market Clarity (CLARITY) Act at issue.

CoinDesk’s separate coverage of the U.S. Federal Reserve chair nomination adds another policy-linked variable, reporting that President Donald Trump said he would announce his pick to replace Jerome Powell at the end of his term in May, and it quotes Markus Thielen saying Warsh’s emphasis on monetary discipline and higher real rates would be bearish for Bitcoin.