Shri Thanedar, Backed by Crypto PAC with Over $2 Million, Loses Michigan Democratic Primary
2026-08-05 17:01
Odaily News: Michigan State Representative Donavan McKinney defeated incumbent U.S. Representative Shri Thanedar in the Democratic primary for Michigan's 13th Congressional District. As of Wednesday, McKinney held 51.9% of the vote, compared to Thanedar's 48.1%.
In this primary, Protect Progress, a crypto-backed political action committee, spent over $2 million on media expenditures to support Thanedar's re-election and oppose McKinney. Protect Progress is affiliated with Fairshake, which is primarily backed by crypto companies Coinbase and Ripple.
Thanedar previously voted in the House in favor of bills such as the GENIUS Act and the CLARITY Act. McKinney will face Republican candidate Taras Nykoriak in the November election.
In this primary, Protect Progress, a crypto-backed political action committee, spent over $2 million on media expenditures to support Thanedar's re-election and oppose McKinney. Protect Progress is affiliated with Fairshake, which is primarily backed by crypto companies Coinbase and Ripple.
Thanedar previously voted in the House in favor of bills such as the GENIUS Act and the CLARITY Act. McKinney will face Republican candidate Taras Nykoriak in the November election.
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