Crypto PAC-Backed Candidate Wins Virginia Democratic Primary

James Walkinshaw, a Democratic candidate seeking to replace the late Representative Gerry Connolly for Virginia’s 11th Congressional District, won a party primary after a cryptocurrency-backed political action committee (PAC) spent more than $1 million to support his race.

On Saturday, Democrats in Virginia’s 11th district held a firehouse primary to decide on a possible replacement for Connolly after his death while in office. A special election to determine who will represent the district will be held on Sept. 9.

Walkinshaw beat out other candidates to become the Democratic nominee for the House seat, and the cryptocurrency industry may have played a role in his success, given reports of media buys by the Protect Progress PAC….

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