Crypto-Backed Super PACs Sweep Primaries with 11 Wins, Boosting Bipartisan Strategy
Crypto-backed super PACs affiliated with Fairshake achieved a clean sweep in Tuesday's primaries, with all 11 endorsed candidates advancing or winning their races. The victories spanned nine congressional races in California, New Jersey's 8th District, and South Dakota's Senate primary. Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min, Lou Correa, George Whitesides, and Rob Menendez, as well as Republican Mike Rounds. This success comes a week after similar wins in Texas, where Fairshake affiliates spent over $9 million. The strategy focuses on building bipartisan relationships, particularly cultivating Democratic allies, to maintain influence regardless of which party controls Congress after November. The industry's electoral winning streak highlights its growing political clout and commitment to advancing crypto-friendly legislation.
Key facts
- All 11 Fairshake-backed candidates won or advanced in Tuesday's primaries.
- Victories spanned California, New Jersey, and South Dakota.
- Winners included Democrats Lofgren, Lieu, Menendez and Republican Rounds.
- Strategy emphasizes bipartisan outreach, especially to Democrats.
- Comes after $9M+ spent in Texas primaries with similar success.