As the Super Tuesday came to an end, Congresswoman Katie Porter’s defeat in the California Senate Primary to Adam Schiff has been linked directly to her choice of join in Senator Elizabeth Warren’s anti-crypto stance. The crypto super PAC Fairshake, behind a $10 million ad blitz against Katie Porter, minced no words in their post-election statement about her.

Fairshake Slams Katie Porter For Siding With Elizabeth Warren

In the statement, Fairshake, “Katie Porter sided with Elizabeth Warren and against the 52 million Americans who own crypto.” Moreover, they pointedly asserted that Porter’s choice sealed her fate during Super Tuesday. The crypto super PAC noted, “Tonight, her choice ended her career in Congress.” With over 52 million Americans invested in the crypto market, including more than 8 million in California, the PAC warned, “the crypto voter is here.”

Urging politicians to take notice, the statement underscored, “The crypto voter cares whose side a candidate is on.” As the dust settles, Porter’s loss serves as a stark reminder of the growing influence of the crypto community in shaping political outcomes. Moreover, siding with Senator Elizabeth Warren‘s anti-crypto narrative could pose a challenge in the political arena.

Earlier, Fairshake allocated $10 million toward advertisements against Katie Porter’s candidacy for the US Senate in California. The initiative was undertaken to ensure Schiff’s win over Porter during Super Tuesday. Moreover, the Fairshake PAC disclosed raising $85 million in 2024 from prominent figures within the crypto community and its associated organizations. The crypto super PAC aims to support candidates who advocate for progressive innovation and regulation

Also Read: XRP Lawyer John Deaton Commences Crypto Donations for US Senate Race

Coinbase CEO Brian Armstrong’s Comments On Super Tuesday

Coinbase CEO Brian Armstrong recently underscored the significance of Super Tuesday advocate for crypto-related policies, or the lack thereof, by federal policymakers. Addressing a crowd at a crypto rally in California, orchestrated by the Coinbase-backed political entity Stand With Crypto, Armstrong emphasized the opportunity these primaries present to convey a resounding message to Washington.

“They’re still not taking us seriously,” Armstrong asserted. In addition, he articulated the sentiments shared among enthusiasts of digital assets. Furthermore, he elaborated on the growing interest among voters in the realm of cryptocurrencies, signaling a palpable shift in the political landscape.

Moreover, in a bold declaration, Armstrong suggested that the tide is turning and that politicians will soon recognize the political expediency of embracing crypto. “Suddenly everybody in DC, they’re going to realize this is just good politics,” Armstrong opined. Whilst, he also declared an anticipation for a paradigm shift in the corridors of power. Furthermore, he noted that politicians aspiring for electoral success will be compelled to acknowledge the blockchain technology.

Also Read: Coinbase CLO Weaponizes Bump Stock Gun Case To Counter SEC

The post Crypto Super PAC Slams Katie Porter To Side With Elizabeth Warren appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am