Following primary loss, crypto PACs invest $1.5M in 3 US state races

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Following primary loss, crypto PACs invest $1.5M in 3 US state races

60-second summary

Crypto PACs are investing $1.5 million in three US state races, reported by the Defend American Jobs and Protect Progress PACs, focusing on media spending for four House and Senate races ahead of the Aug. 18 primary elections. This significant investment aims to sway voters and shape the future of US politics, potentially impacting cryptocurrency regulations and industry growth.

The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary elections.