In the 2024 U.S. election, results indicate that numerous pro-crypto candidates have won seats in Congress. Projections show that there are 247 pro-crypto candidates winning in the House of Representatives and 15 in the Senate. The crypto industry spent over $238 million to grow its influence and support pro-crypto candidates. Significant funding was seen in high-profile Senate races, with the pro-crypto super PAC Defend American Jobs contributing heavily to candidates like Bernie Moreno. Crypto funding also made an impact in Congressional races across various states. Both Democrats and Republicans who support crypto received financial assistance from PACs. Prominent crypto advocates such as Ted Cruz, Matt Gaetz, and Adam Schiff were among the winners. The final outcome will be clarified as vote counting continues.
US Department of Justice Issues Statement on Bitfinex Hack That Stole Billions of Dollars of Bitcoin
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