Crypto Money and Israel Lobby Target Georgia Senate Seat
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The Georgia Senate race is already one of the most closely watched contests amid the upcoming midterms. Democrat incumbent Jon Ossoff has begun to defend his seat tooth and nail as crypto financing money starts pouring into rival Republican Mike Collins’ campaign. Despite the primary elections being eight months away, Collins’s Senate PAC has already raised nearly $746,000. Prominent contributors include the Winklevoss twins, Elon Musk, SpaceX, and the American Israel Public Affairs Committee (AIPAC). A Tale of Two Campaigns Sponsored Similar to the last federal election cycle, crypto political action committees (PACs) are already noting which candidates support their agenda. If they pass their criteria, these organizations will invest millions of dollars into their election campaigns. With a current pro-crypto administration and the emergence of new crypto PACs with deeper pockets, the influence of digital assets in this election cycle has already surpassed previous ones. Jon Ossoff, Democratic Senator for Georgia, has gauged how steep the stakes are and has begun to plan accordingly. According to the Federal Election Commission (FEC), he has a substantial financial lead over every other Senate candidate this cycle, having raised nearly $42 million. Ossoff has already raised almost $42 million for his Senate re-election campaign. Source: FEC. Meanwhile, Ossoff’s most worthy opponent, Georgia Republican Representative Mike Collins, has raised just under $746,000. Nonetheless, the dynamics of the race highlight why Ossoff will require more financial resources to defend his seat. Sponsored The Battle for Georgia Ossoff won his Senate seat in a 2021 special runoff election after the Republican-leaning state narrowly voted for a Democrat in the 2020 presidential election. However, when Georgia voted for a Republican president in the 2024 elections, Ossoff became one of only two Democratic senators representing a state that had just voted for the opposition party. He is…
Filed under: News - @ September 23, 2025 3:26 pm