Crypto PACs Influence U.S. Election Primaries
Crypto-focused political action committees see success in Super Tuesday primaries, with several backed candidates advancing.
- Crypto PACs, including Fairshake, Protect Progress, and Defend American Jobs, significantly impacted Super Tuesday election outcomes.
- In California, Fairshake's campaign against Rep. Katie Porter contributed to her loss in the U.S. Senate seat primary.
- Shomari Figures, backed by Protect Progress, advances to a runoff in Alabama's congressional primary.
- Crypto industry's $78 million investment in Super PACs this cycle aims to shape future U.S. crypto regulations.
- The outcomes of these primaries highlight the growing influence of crypto in U.S. politics.