Shri Thanedar, Supported by Crypto PAC with Over $2 Million, Loses in Michigan Democratic Primary
2026-08-05 17:01
Odaily News: Michigan State Representative Donavan McKinney defeated incumbent U.S. Congressman 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%.
During this primary, Protect Progress, a crypto-backed political action committee, spent over $2 million in 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 had voted in the House in support of bills such as the GENIUS Act and the CLARITY Act. McKinney will face Republican candidate Taras Nykoriak in the November election.
During this primary, Protect Progress, a crypto-backed political action committee, spent over $2 million in 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 had voted in the House in support 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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