Crypto$1.75M Crypto Bet Shakes Up Texas Senate Showdown
1 hour ago•CoinTelegraph via AI
A crypto-aligned political action committee is making a massive financial splash in the Lone Star State’s escalating Senate primary battle. The Fellowship PAC has dropped a staggering $1.75 million to back Texas Attorney General Ken Paxton, signaling a high-stakes gamble on the pro-crypto candidate's future.
This substantial war chest aims to propel Paxton past incumbent Senator John Cornyn in what promises to be a fiery May runoff. As digital assets become a central political wedge issue, this heavy investment underscores the growing influence of cryptocurrency lobbying in reshaping American electoral politics.