**Remarkable Victory: 54 Out of 58 US Candidates Backed by Crypto Super PACs Win! 🎉**
- The recent US elections brought a breath of fresh air to the crypto industry. Over 90% of candidates backed by the crypto community won seats in Congress!
- Thanks to over $238 million in donations from crypto PACs, including Fairshake, Protect Progress, and Defend American Jobs, these victories became a reality.
- One of the biggest victories was Sherrod Brown’s defeat in Ohio by blockchain entrepreneur Bernie Moreno. Brown, who initially downplayed crypto support, had to concede defeat after Moreno’s $40 million campaign.
- However, it wasn’t all good news. Pro-crypto Dr. Yadira Caraveo narrowly lost in Colorado to “no-stance” Gabe Evans.
- Coinbase, Ripple, and a16z were major contributors, donating $160 million to support pro-crypto candidates. Coinbase even pledged another $25 million for the upcoming election.
What do you think about the influence of crypto in politics? Let's discuss in the comments column!