Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Summary
Shomari Figures, a progressive candidate for Alabama's U.S. House seat, won the Democratic runoff with 61% of the vote, despite not having the most direct contributions. He received $2.7 million in support from a PAC backed by the cryptocurrency industry, due to his expressed support for crypto. The PAC's spending on Figures marked the most it has devoted to a Democratic congressional candidate. Protect Progress and Fairshake, backed by digital assets giants, supported Figures and other crypto-friendly politicians.
