Following primary loss, crypto PACs invest $1.5M in 3 US state races

CryptoInfo Editorial Team · Published on August 06, 2026 at 21:11 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→Crypto PACs have invested over $1.5 million in three US state races.
→The Defend American Jobs and Protect Progress PACs have spent more than $1.5 million on media for four House and Senate races.
→The investment is aimed at influencing the primary elections in Florida, Alaska, and Wyoming.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Crypto Political Action Committees (PACs) have invested over $1.5 million in three US state races ahead of the August 18 primary elections. According to reports, the Defend American Jobs and Protect Progress PACs have spent more than $1.5 million on media for four House and Senate races.

This investment is part of the crypto PACs' efforts to influence the outcome of the primary elections in Florida, Alaska, and Wyoming. The spending on media is aimed at supporting candidates in these states.

This is based on reporting from CoinTelegraph, which highlights the significant investment made by crypto PACs in the US political landscape.

Source: CoinTelegraph ↗