Two Republican candidates supported by at least a combined $1.5 million in media spending from a cryptocurrency-backed political action committee (PAC) are making final pleas to voters turning out for special elections in Florida congressional districts.
The Defend American Jobs PAC has spent a combined $1.5 million on media for Republicans running against Democrats in Florida’s 1st and 6th congressional districts.
Democrats Valimont and Weil have raised significantly more funds as of March compared to the Republicans Patronis and Fine.
Cryptocurrency-related legislation being considered in Congress might be impacted by the outcome of the special elections, as well as the future influence of cryptocurrency-backed PACs.