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Crypto PAC spending tops $2M in Michigan House race – TON BOT

TON BOT

Crypto PAC spending tops $2M in Michigan House race

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Protect Progress, a crypto industry-aligned political action committee, has spent over $2 million in Michigan’s 13th Congressional District supporting Democratic incumbent Shri Thanedar and opposing challenger Donavan McKinney before the Aug. 4 primary. The spending includes advertisements and is affiliated with companies like Coinbase and Ripple. Thanedar’s support for crypto-related legislation has drawn industry backing. The outcome of the primary will test the effectiveness of Protect Progress’s spending strategy.

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