Crypto PACs pour $3M into Maryland races as California voters head to polls
Crypto-backed PACs are spending heavily in US congressional primaries to shape the legislative outlook on digital assets. Fairshake affiliate Protect Progress has spent about $3 million to back Democratic House candidates in California and New Jersey, and more than $3.1 million supporting Maryland Democratic candidate Adrian Boafo plus about $320,000 for New York Rep. Ritchie Torres. Another affiliate, Defend American Jobs, has spent over $411,000 supporting Republican Sen. Mike Rounds in South Dakota. The biggest focus is Maryland’s June 23 primaries, where crypto groups appear ready for major spending. The activity follows recent wins by PAC-backed candidates in Texas and reflects Fairshake’s broader effort to target lawmakers seen as “anti-crypto.” Fairshake and allied PACs have significant funding, and their spending is aimed at influencing the debate over the CLARITY Act and related digital asset legislation now on the Senate calendar.
