Crypto-Backed PACs Secure Six Primary Wins in Texas, Pledge Continued Support for Pro-Crypto Candidates
By
@cointelegraph
Hot, fresh, and worth queueing round the block for.
Summary
Crypto-backed political action committees (PACs) achieved six primary runoff wins in Texas for Republican and Democratic candidates running for US House and Senate seats. The PACs, including Fairshake, Defend American Jobs, and Protect Progress, used media spending and endorsements to support pro-crypto candidates. One major PAC stated it will "aggressively back" pro-crypto leaders in future races. The article also notes that attention may now turn to California, where crypto-aligned groups could target Democrat Katie Porter ahead of the state's gubernatorial primary.
Key quotes
· 3 pulledOne of the biggest political action committees (PACs) said it would 'aggressively back leaders' supporting crypto policies in the future.
Candidates notched six wins for congressional runoff primaries in Texas, supported by media spending and endorsements by the crypto industry-affiliates.
Some are questioning whether the groups could target California Democrat Katie Porter ahead of the state's gubernatorial primary next Tuesday.
You might also wanna read
Cryptocurrency Super PACs Waste $12.8 Million in Illinois Primary Elections
Cryptocurrency industry super PACs spent $14.2 million in Illinois primaries, with 90% ($12.8 million) wasted on unsuccessful efforts to opp
Ken Paxton Wins Texas GOP Senate Primary After Trump Endorsement, Defeats Incumbent Cornyn
Texas Republicans have selected Ken Paxton as their Senate candidate after a contentious primary runoff, following a last-minute endorsement
