Republican

Randall

Gemini

Emily

After pouring millions of dollars into races to support and oppose candidates from both major political parties, the Fairshake Super political action committee (PAC) and its affiliates await the results as registered voters in Missouri, Michigan, and Washington go to the polls.
On Aug. 6, residents of Missouri, Michigan, and Washington will vote on which Democrats and Republicans will go on to face each other in a November election for seats in the United States House of Representatives and Senate. 
At the time of publication, the polls had not closed, and no media outlets had announced clear primary winners in any district. Kansas will also be conducting party primaries on Aug. 6, but it did not appear that any crypto-focused candidates were running for House seats.
According to data from the Federal Election Commission, Fairshake spent roughly $1.4 million on a media buy to oppose incumbent Democrat Cori Bush in Missouri’s 1st Congressional District, where she has served since 2021. 
The Defend American Jobs PAC, a Fairshake affiliate, spent more than $250,000 on a media buy to support Republican candidate and former state senator Bob Onder in Missouri’s 3rd Congressional District after Republican Blaine Luetkemeyer announced his retirement.
Onder, who initially announced a bid to run for Missouri’s lieutenant governor, is ranked as “supportive” of digital assets by Coinbase’s Stand With Crypto initiative. In February, the candidate and his son <a href="https://themissouritimes.com/opinion-the-future-of-cryptocurrency-policy-jefferson-or-xi/" target="_blank" rel="noopener nofollow">penned</a> an op-ed in the Missouri Times claiming that adopting pro-crypto policies was the path to “economic freedom” while equating Massachusetts Senator Elizabeth Warren’s approach to digital assets to that of China. 
<figure>
 <img src="https://s3.cointelegraph.com/uploads/2024-08/623b76bc-3ca1-43bb-842e-d51b238ce2f2.png" alt="Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries">
 <figcaption style="text-align: center;">
 Source: <a href="https://x.com/BobOnderMO/status/1753113205637877983" target="_blank" rel="noopener nofollow">Bob Onder</a>
 </figcaption>
</figure>
Bush, running for reelection to represent Missourians in the state’s 1st district, is ranked as “strongly against crypto” by Stand With Crypto based on voting nay on three pieces of legislation while in Congress. 
Specifically, she voted against the CBDC Anti-Surveillance State Act, the Financial Innovation and Technology for the 21st Century Act (FIT21), and a resolution to overturn a Securities and Exchange Commission (SEC) rule requiring banks to record digital assets as a liability on their balance sheets.
<h2 id="washington-and-michigan">Washington and Michigan</h2>
In Washington, the Protect Progress crypto Super PAC spent roughly $1.5 million to <a href="https://cointelegraph.com/news/protect-progress-pac-support-pro-crypto-candidate">support Democrat Emily Randall</a> in the state’s 6th Congressional District. Her campaign website suggested she “believe[s] in the importance of driving technological innovation and economic growth, including through blockchain technology and the digital asset industry.”
Protect Progress has also funded efforts to support Democratic incumbent Shri Thanedar in Michigan’s 13th Congressional District with a $1 million media buy. The Democratic candidate was rated as “strongly supportive” of digital assets by Stand With Crypto due to his voting in favor of the FIT21 bill and the resolution to overturn the SEC rule.
<h3 id="losses-in-arizona">Losses in Arizona</h3>
It’s unclear what the results will be in Missouri, Washington, and Michigan. In Arizona, two candidates <a href="https://cointelegraph.com/news/arizona-republican-blake-masters-crypto-super-pac-primary">supported by Fairshake</a> and its affiliates — Republican Blake Masters and Democrat Andrei Cherny — lost their respective primaries. 
The Super PAC <a href="https://cointelegraph.com/news/arizona-primary-crypto-super-pac-too-close-to-call">invested roughly $1.3 million</a> on a media buy to support Democrat Yassamin Ansari, whose primary race will go to a recount after polls suggested it was too close to call. 
Related: <a href="https://cointelegraph.com/news/vitalik-buterin-pro-crypto-friendly-politicians">Vitalik Buterin warns of politicians claiming to be ‘pro-crypto’</a>
Many US states will hold primaries before the Nov. 5 election, but Fairshake did not appear to be invested in the results of any other upcoming races at the time of publication. The Commonwealth Unity Fund Super PAC has <a href="https://cointelegraph.com/news/ripple-donates-1-million-john-deaton-massachusetts-senate-primary">received donations from Ripple</a> and other industry players in an attempt to replace Massachusetts Senator Elizabeth with Republican John Deaton.
The Republican primary in Massachusetts for the US Senate will be held on Sept. 3. Deaton has the support of many in the crypto industry, <a href="https://cointelegraph.com/news/tyler-winklevoss-donates-john-deaton-campaign">including Gemini co-founders</a> Cameron and Tyler Winklevoss. However, Wyoming Senator Cynthia Lummis, a crypto advocate,&nbsp;<a href="https://cointelegraph.com/news/cynthia-lummis-senate-endorsement-ian-cain">endorsed his Republican opponent</a>, Ian Cain. 
Crypto-focused Super PACs may have already influenced primary elections in California and New York, where candidates either lost or dropped out <a href="https://cointelegraph.com/news/super-pac-attack-ad-new-york-democrat">following the release</a> of PAC-funded attack ads. Cointelegraph reached out to a Fairshake spokesperson for comment but did not receive a response at the time of publication.
Magazine: <a href="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/">Crypto voters are already disrupting the 2024 election — and it’s set to continue</a>

Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries

Table of Contents

Cointelegraph

Other articles published on Aug 6, 2024

Bitcoin Mining Difficulty Soars to New Heights

The real reasons behind the global plunge: Is the end here for Japan?

Bitcoin Cash Price Eyes $400 as Market Rebounds Peaks: What’s Next?

Bitcoin Spot ETFs See $168M Outflow on August 5 Amid Market Volatility!

Donald Trump: US Government Shouldn’t Sell Bitcoin Holdings

BREAKING: Earthquake in This Altcoin – CEO Suddenly Announced His Resignation

Join our free newsletter for daily crypto updates!