Arizona Republican Primary: Cryptocurrency PAC Backed Candidate Loses
Publication Time:2024-08-02 04:01:06
According to the election results released on July 31, Blake Masters, the Republican candidate for the U.S. House of Representatives, lost in the primary election in Arizona's 8th Congressional District. Abraham Hamadeh defeated him with 29.8% of the vote. In the early stages of the campaign, the cryptocurrency Political Action Committee (PAC) Fairshake and its affiliated group, the 'Super Political Action Committee to Defend American Jobs,' invested approximately $600,000 in massive advertising campaigns to support Masters. It is worth noting that Masters had publicly stated in May that if elected, he would strive to become 'the most steadfast advocate for cryptocurrencies in the history of Washington D.C..'
Blake Masters
Abraham Hamadeh
Arizona
Republican Primary
Cryptocurrency PAC