Crypto PAC spending before midterms possibly obscured after reported FEC hack
The FEC reported an “electronic filing system outage” on Tuesday as groups are expected to ramp up spending before the US midterm elections.
The US Federal Election Commission (FEC) experienced a system outage on Tuesday, potentially obscuring the expenditures of super political action committees (PACs) and other groups in the lead-up to the 2026 midterm elections. The FEC reported an "electronic filing system outage" as groups anticipate increased spending ahead of the elections.
While the public could still view campaign finance data, the system outage raised concerns that last-minute spending might go unreported. Some cryptocurrency industry-aligned Super PACs, such as Fairshake, Defend American Jobs, Protect Progress, Fellowship, and Digital Freedom Fund, had not filed any expenditures since Sunday, despite being just six days away from Election Day.
The Digital Freedom Fund, founded by Gemini co-founders Cameron and Tyler Winklevoss, disclosed spending over $572,000 on text messages to support Republican Senate candidates, with the majority directed towards Ken Paxton's campaign in Texas. The disruption was attributed to a hacker or hackers targeting the FEC website, with the FEC spokesperson confirming IT staff were working to resolve the issue.
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