Key facts
- Crypto PACs won all their primary races in June.
- Fairshake PAC backed candidates achieved a bipartisan winning streak.
- Democrats secured 10 out of 11 victories.
- Notable winners include Democrats Zoe Lofgren, Ted Lieu, Dave Min, and Rob Menendez, and Republican Sen. Mike Rounds.
Crypto political action committees (PACs) have maintained a perfect winning record in the primary elections held throughout June. The Fairshake PAC, a prominent group supporting candidates favorable to the cryptocurrency industry, has been particularly successful, backing candidates who have achieved a bipartisan winning streak. Among the notable victories were those of Democrats Zoe Lofgren, Ted Lieu, Dave Min, and Rob Menendez. Additionally, Republican Senator Mike Rounds also secured a win with the PAC's support. Overall, Democratic candidates accounted for the majority of the wins, with 10 out of the 11 candidates backed by these crypto PACs emerging victorious.