New York, Maryland and Utah to hold primaries with crypto PAC money hanging over voters
CoinTelegraph·
60-second summary
Crypto-backed PACs are spending over $8 million on media to support candidates in New York, Maryland, and Utah primaries, with some Maryland Democrats calling on one candidate to reject "outside spending from crypto billionaires." This influx of crypto-backed funds is likely to sway voter opinions, potentially influencing election outcomes and raising questions about the influence of cryptocurrency on US politics.
Crypto-backed PACs disclosed spending more than $8 million on media to support candidates in three US states, as some Maryland Democrats have called on one candidate to reject “outside spending from crypto billionaires.”