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Crypto PACs back winning side in 28 of 30 House races, only 1 of 4 Senate races

Crypto PACs back winning side in 28 of 30 House races, only 1 of 4 Senate races

Photo: CoinTurk News

Crypto-focused political action committees (PACs) supported the winning candidates in 28 out of 30 House races where they invested funds, based on projections available by early Wednesday afternoon. However, their influence proved less effective in Senate contests, with only one win out of four races where spending was reported. The data comes from an analysis of Federal Election Commission (FEC) filings compiled by Unchained for this election cycle. The analysis covered independent expenditures made since September 1 by four major crypto-focused PACs.

Also reported by Unchained.

Source: CoinTurk News

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