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Crypto PACs Backed Projected Winners in 28 of 30 House Races

Crypto PACs Backed Projected Winners in 28 of 30 House Races

Photo: TokenPost

Crypto political action committees were aligned with projected winners in 28 of 30 House races and one of four Senate races after spending $89.5 million since Sept. 1 on projected contests. The outcome comparison used projections available as of 1:22 p.m. ET Nov. 4. The spending measure covers independent expenditures disseminated since Sept. 1 and included in 24- and 48-hour reports filed with the Federal Election Commission (FEC) by 1:13 p.m. ET Nov. 4. Reports for Nov. 1-3 could still arrive. Of the $89.5 million spent across those races, $21.9 million, or 24.4%, was tied to projected winners.

Source: TokenPost

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