Tuesday primary elections results: How crypto impacted some of the races

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Tuesday primary elections results: How crypto impacted some of the races
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We’ve heard a lot about cryptocurrency prices and crypto exchange market caps over a tumultuous few months, but what about crypto’s influence on politics? Here's how a couple of primary elections could be influenced by the crypto industry.

We’ve heard a lot about cryptocurrency prices and crypto exchange market caps over a tumultuous few months for the digital assets, but what about crypto’s influence on politics?

The super PAC has spent money on TV ads, radio ads and direct mail services on Flynn’s behalf, making the primary race for Oregon’s 6th congressional district the third most expensive House Democratic primary of this election cycle. It’s not clear if Bankman-Fried’s investment in Flynn is directly related to crypto — Bankman-Fried told the New York Times NYT, +1.

NASCAR eventually rejected Brown’s bid to make LBG his racing team’s sponsor. The coin’s current total market cap is $174,133, compared with the $570 million it was worth immediately after Brown’s initial announcement. The Department of Justice, the Securities and Exchange Commission, and Cawthorn’s representatives did not immediately respond to MarketWatch’s request for comment on this story.

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