https://www.mollywhite.net/micro/entry/202603172318

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90% of crypto's Illinois primary spending failed to achieve its
objective

The cryptocurrency industry super PACs dumped $14.2 million into the
Illinois primaries. 90% of that - $12.8 million - was wasted, in that
it went to opposing Democratic candidates who won their primaries
(Stratton in the Senate race, Ford in H-07) or supporting their
opponents.

Image
Image
The Fairshake pro-crypto super PAC network spent $10 million to
oppose Senate candidate Juliana Stratton and $2.5 million to oppose
H-07 candidate La Shawn Ford, both of whom won their primaries

The PACs' only victories in the state were where they contributed
money towards outcomes that were already highly likely. They opposed
Robert Peters (H-02), who had been polling in third place and
ultimately received 12% of the vote. They supported Bean (who was
leading the polls in H-08) and incumbent Budzinski (H-13).

Sadly this early spending in Illinois used up less than 6% of what
the super PACs have on hand, so buckle up for a looong eight months.

2 days ago from the micro posts feed.
Updated 2 days ago.
Also posted to:   
crypto lobbyUS politics
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