That makes 26 U.S. congressional races in which the crypto industry has prevailed in either getting its pick or in opposing a candidate that the sector’s hired political guns saw as a threat to the digital assets space.
Sen. Warren and her allies have been a theme of the 2024 crypto spending – which has been outpacing most other U.S. industries. The most prominent example was the $10 million devoted to defeating Rep. Katie Porter (D-Calif.) in her bid for the U.S. Senate. More recently, in Arizona’s 3rd Congressional District, crypto pick Yassamin Ansari, a Democratic former vice mayor of Phoenix who has been a digital assets advocate, retains a 42-vote lead in her race (now heading for automatic recount) against a Warren-backed opponent.