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Regulation

Crypto Super PACs Back the Winning Side in 28 of 30 Called House Races, 1 of 4 Senate Races

Image: Unchained

Crypto’s super PACs backed the winning side in 28 of the 30 House races they spent on that NBC News had projected by 1:22 p.m. ET Wednesday, but in just one of four Senate races , according to an Unchained tally of their Federal Election Commission filings. Of the $89.5 million they spent on projected races, $21.9 million , or 24.4%, was on the winning side. The tally counts independent expenditures disseminated since Sept. 1 by four PACs, in 24- and 48-hour reports filed with the FEC as of 1:13 p.m. ET Nov. 4. Reports for spending from Nov. 1 to 3 may still post.

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