While two new players plan to back GOP candidates, the biggest one works both sides of the aisle.
When Illinois Lt. Gov. Juliana Stratton emerged victorious from the state’s Democratic Senate primary in March, she didn’t just defeat her Democratic opponents, she also overcame a $10.3 million campaign by the crypto industry’s largest PAC, Fairshake, to sink her candidacy.
Over the course of the primary, Fairshake spent around $9.8 million on advertisements opposing Stratton, while one of its partisan affiliates, Protect Progress, simultaneously deployed more than $400,000 in support of her opponents.
