Crypto-Backed PACs Support Six Winning Candidates in Texas Primaries

Crypto-aligned political action committees (PACs) successfully backed six candidates in the Texas congressional runoff primaries. According to NS3.AI, Federal Election Commission (FEC) records indicate that these PACs spent over $10 million on supportive media and advertisements for these candidates. Fairshake, one of the involved PACs, reported having more than $193 million in its war chest as of January. Looking ahead, six additional states are scheduled to hold their primaries on June 2.