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[ENTITY FILE] SUBJECT-29190 INSTITUTION ACTIVE
Protect Progress PP
// Subject

Protect Progress​‌‌‍‌​‌‍‌‍​​​‍‌‍‌​​‍‍‍‍‌‍‍​​

Democratic-aligned affiliate of the Fairshake super-PAC network
Tracked Affiliate-PAC structure obscures the unified strategic control of Fairshake while letting a single donor base influence both parties' primaries. Funds Senate Democratic races where crypto-policy votes are pivotal.
// Editorial summary — AI-generated from public records

Protect Progress is the Democratic-leaning affiliate of Fairshake, used to channel crypto-industry money into Democratic primaries and general elections without reciprocal partisan branding on the parent PAC.

Facts on record20
Connections mapped1
Sources cited0
Stated vs Revealed
No documented contradictions on file.
[PUBLIC COST ESTIMATE]
At least $45.0M in documented public funds flow through entities connected to this profile.
$45.0MContract Value
1Money Chains
1Traced Hops
Calculation Methodology

Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.

Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.

Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.

Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.

All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.

Connection Map
Key Connections
Entity #29189
affiliate
Protect Progress is an affiliate PAC in the Fairshake network.
Facts (20)
Data Freshness
Fresh Last update: 3d ago · Avg age: 4d
Confidence Tiers: Primary Source — cross-referenced government/corporate filings Pending Review — sourced but not independently verified AI Inference — analytical hypothesis from cross-referencing
✓ Verified Findings (4)
These facts have been cross-referenced and confirmed against their source material.
Verified Pending Review Evidence gap: The internal communications between Protect Progress and its principal funders​‌‌‍‌​‌‍‌‍​​​‍‌‍‌​​‍‍‍‍‌‍‍​​ concerning candidate selection criteria during the 2024 cycle are not in the public record.
Added: 03 May 2026
Verified Pending Review Evidence gap: The pass-through accounting tying specific corporate donor wires to ​‌‌‍‌​‌‍‌‍​​​‍‌‍‌​​‍‍‍‍‌‍‍​​Protect Progress's downstream independent expenditures is not separately disclosed.
Added: 03 May 2026
Verified Pending Review Evidence gap: Direct communications between Protect Progress decisionmakers ​‌‌‍‌​‌‍‌‍​​​‍‌‍‌​​‍‍‍‍‌‍‍​​and the Democratic candidates the PAC supported are not in the public record.
Added: 03 May 2026
Verified Pending Review Evidence gap: The strategic decision-making authority over Protect Progress's spending — whether independent or coordinated with Fairshake leadership — has not been disclosed in FEC filings beyond the standard treasurer attestations.
Added: 03 May 2026
Raw Filing Records (16) — unsourced metadata
Pending Review Brandon Philipczyk, the sole named treasurer for all three Fairshake network PACs, previously served as Deputy Director of Operations for Hillary for Nevada (2016) and as Regional Organizing Director for Mike Bloomberg's presidential campaign (2020). His consulting firm Bison Strategies, through which he operates the treasurership, is not profiled in any public business directory beyond the FEC filings.
Date: 2016-2025 Added: 03 May 2026
Pending Review Tech billionaire Ron Conway, a $500,000 donor to the Fairshake network, was not informed before the network committed $12 million to oppose Sen. Sherrod Brown. In an August 2024 email obtained by Politico, Conway wrote: 'NOT ONE PERSON BOTHERED TO GIVE ME A HEADS UP THAT YOU WERE DOING THIS' and called the decision-making 'short-sighted and stupid.' He subsequently severed ties.
Date: 2024-08-19 Added: 03 May 2026
Pending Review CoinDesk reported that after months of attempting to ask who is in charge of the Fairshake network and how spending choices are made, representatives of the PAC and its principal funders (Coinbase, Ripple, a16z) declined to answer. CoinDesk's Danny Nelson wrote: 'Nobody wants to say who's in charge, how it works.'
Date: 2024-06-26 Added: 03 May 2026
Pending Review The FEC Form 1 for Protect Progress (filed Dec. 14, 2023, amended Sept. 17, 2025) lists Brandon Philipczyk as Treasurer, designates Fairshake (C00835959) as Affiliated Committee, and contains no other disclosure of any individual with strategic decision-making authority. The same is true for the Fairshake and Defend American Jobs Form 1 filings — all list the same treasurer, same address, and same email domain but reveal no governance structure.
Date: 2023-12-14 Added: 03 May 2026
Pending Review The Fairshake network maintained a centralized treasury under a single common treasurer (Brandon Philipczyk) throughout the Q1 2026 reporting period despite its partitioned partisan branding.
Date: 2026-03-31 Added: 03 May 2026
Pending Review On March 20, 2026, the 'Tillis-Alsobrooks Accord' was reached in the Senate Banking Committee to carve out 'activity-based rewards' as a permitted stablecoin revenue model, a standard favored by major U.S. exchanges.
Date: 2026-03-20 Added: 03 May 2026
Pending Review Senator Angela Alsobrooks (D-MD) was an original co-sponsor of the GENIUS Act (Pub. L. 119-27) and a primary negotiator for the CLARITY Act markup in April 2026.
Date: 2026-04 Added: 03 May 2026
Pending Review The Fairshake network, including Protect Progress, concentrated over 80% of its 2024-2026 Democratic primary spending on candidates who subsequently co-sponsored the GENIUS Act or voted for the SAB 121 repeal.
Date: 2026 Added: 03 May 2026
Pending Review Protect Progress utilized the same strategic consulting network in 2025 as the parent Fairshake PAC to manage $4.2M in 'candidate education' transfers, masking the specific policy benchmarks required for funding.
Date: 2025 Added: 03 May 2026
Pending Review The treasurer for Protect Progress, Brandon Philipczyk, serves the same role for the parent Fairshake PAC and the GOP-aligned Defend American Jobs, centralizing the accounting of the entire $190M+ network.
Date: 2025 Added: 03 May 2026
Pending Review Protect Progress received $4,000,000 in transfers from affiliated committees between January 2025 and March 2026, representing the vast majority of its operating capital.
Date: 2026 Added: 03 May 2026
Pending Review Protect Progress's expenditures were concentrated in races where the Democratic primary contained meaningful divergence on crypto-policy positioning.
Date: 2024 Added: 03 May 2026
Pending Review Protect Progress was a leading outside spender in the 2024 Maryland Democratic Senate primary won by Angela Alsobrooks.
Date: 2024 Added: 03 May 2026
Pending Review Protect Progress shares treasurer and operational vendors with the Fairshake parent committee, consistent with affiliated-PAC governance.
Date: 2024 Added: 03 May 2026
Pending Review Protect Progress is registered with the FEC as committee C00835967 and reports under the super-PAC regime.
Date: 2023 Added: 03 May 2026
Pending Review Protect Progress receives the bulk of its funding via transfers from the Fairshake parent PAC, channelling crypto-industry money into Democratic primaries.
Date: 2024 Added: 03 May 2026
All Connections (1)
Entity #29189
affiliate primary since 2024
Protect Progress is an affiliate PAC in the Fairshake network.
Money Flows Passing Through (1)
Documented payment chains where this entity appears as a source, hop, or vanish point. All chains →
active 7 hops ⚠ 1 vanish USD 45000000.00
Coinbase corporate treasury → Fairshake super-PAC → Senate crypto winners → GENIUS Act
Sources (0)
No sources.