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Institutional & Investment NewsBullish
72

Crypto PAC-Backed Candidate Wins Virginia Primary

James Walkinshaw wins Virginia primary with support from crypto-backed Fairshake PAC, which invested over $1 million in media buys.

CointelegraphCointelegraph by Turner Wright

Quick Take

1

James Walkinshaw wins Virginia primary

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Supported by Fairshake PAC

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Over $1 million spent on media

Market Impact Analysis

Bullish

Political success backed by crypto PAC suggests growing influence of crypto in politics.

Crypto PAC-backed candidate wins Virginia primary for vacant House seat

Protect Progress, an affiliate of the cryptocurrency-backed Fairshake PAC, spent more than $1 million on media buys to support Democratic candidate James Walkinshaw.

SourceRead the full article on Cointelegraph
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