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Election results for Democratic primary in Michigan\u2019s 13th congressional district. Source: <\/em>The New York Times<\/em><\/a><\/p>\n McKinney, considered by many to be a progressive challenger to two-term Thanedar, has already received<\/a> support from the Democratic National Committee and the Democratic Socialists of America on his primary victory. During the campaign, he accused the crypto industry of \u201cpaying my opponent back for helping Trump make over $1 billion since taking office,\u201d likely referring to Thanedar\u2019s voting record.<\/p>\n Protect Progress, the super PAC responsible for funding the ads supporting Thanedar and opposing McKinney, is affiliated with Fairshake, a group backed primarily by crypto companies Coinbase and Ripple. After spending more than $170 million in the 2024 US election cycle on similar races involving pro- and anti-crypto candidates, Fairshake and its affiliates have poured additional millions of dollars into media for politicians<\/a> in this year\u2019s primaries in several US states ahead of the November general election.<\/p>\n Related: <\/strong><\/em>Nigel Farage to resign from UK Parliament amid crypto \u201cgift\u201d scandal, will stand in by-election<\/strong><\/em><\/a><\/p>\n In addition to voting for bills like the GENIUS Act and CLARITY Act in the House of Representatives, Thanedar also reportedly lost<\/a> more than $600,000 in the second quarter of 2026 after investing $3.7 million of campaign funds into crypto companies. <\/p>\n \u201dWashington has spent too long serving billionaires and corporate interests,\u201d said<\/a> McKinney in a Wednesday X post. \u201dI will always only serve the people I represent.\u201d<\/p>\n McKinney will face off against Republican candidate Taras Nykoriak in the November election. Cointelegraph sought a comment from McKinney\u2019s campaign on Wednesday but did not receive an immediate response.<\/p>\n In addition to Protect Progress\u2019 efforts in Michigan, the Fairshake affiliate Defend American Jobs spent more than $65,000 on media to support Republican Amanda McKinney (no relation to the Michigan candidate) in Washington\u2019s 4th congressional district. McKinney will face off against Democrat John Duresky in November, with both candidates securing more than 30% of the vote in Tuesday\u2019s primary to advance to the general election.<\/p>\n Magazine: <\/strong><\/em>Here\u2019s why the CLARITY Act\u2019s ethics deal may be so hard to reach<\/strong><\/em><\/a><\/p>\n Related:<\/strong> Bitcoin price<\/a> \u00b7 BTC live chart<\/a> \u00b7 Ethereum price<\/a> \u00b7 ETH gas fee<\/a> \u00b7 Bitcoin price today<\/a> \u00b7 Top 10 cryptocurrencies<\/a><\/p>\nPAC-supported candidate wins Washington primary<\/h2>\n