Crypto PAC-backed candidate wins Virginia primary for vacant House seat

James Walkinshaw won the Democratic primary for Virginia’s 11th Congressional District, largely aided by over 1 million USD in backing from cryptocurrency PAC Protect Progress. This victory may signal the increasing influence of cryptocurrency entities in political campaigns.

The Fairshake PAC, known for its pro-crypto stance, previously spent over 130 million USD backing candidates who support crypto interests. With 270 pro-crypto candidates elected in 2024, cryptocurrency’s role in U.S. Politics is undeniably growing.

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