Crypto PACs go undefeated in June primaries as Fairshake scores bipartisan winning streak

Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min and Rob Menendez, as well as Republican Sen. Mike Rounds, with Democrats accounting for 10 of the 11 victories. What to know : Crypto-backed super PACs aligned with Fairshake saw all 11 of their endorsed candidates advance or win in Tuesday’s primaries, extending the industry’s recent electoral winning streak. The victories, spanning key races in California, New Jersey and South Dakota, highlight a strategy focused on cultivating new Democratic allies alongside some Republicans rather than relying solely on established crypto champions. Coming on the heels of multimillion-dollar wins in Texas and amid uncertainty over which party will control Congress, crypto groups are pursuing a bipartisan approach to preserve influence regardless of November’s outcome.(Coindesk)