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Crypto super PAC earmarks $1.5M to unseat Al Green in Texas

Regulation & Legal

A cryptocurrency-focused super PAC has reportedly allocated $1.5 million toward a campaign to unseat U.S. Representative Al Green in Texas’s 9th congressional district. The move is part of a larger, coordinated effort by the digital asset industry to influence the 2024 elections and support candidates who favor more lenient regulatory frameworks for blockchain technology. The PAC intends to use the earmarked funds for targeted media advertisements and voter outreach. Representative Green, a veteran Democrat who has served since 2005, has previously expressed skepticism toward certain financial technology sectors. This aggressive spending underscores the increasing political weight of crypto-backed organizations as they seek to reshape the landscape of the U.S. House of Representatives.

Source: Crypto super PAC earmarks $1.5M to unseat Al Green in Texas

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