Juliana Stratton Defeats Crypto-Backed Krishnamoorthi in Illinois Senate Primary
Illinois Lieutenant Governor Juliana Stratton won the Democratic primary for the U.S. Senate, defeating Representative Raja Krishnamoorthi, who had significant financial backing from crypto-related groups. The super PAC Fairshake, among others, contributed nearly $10 million to Krishnamoorthi’s campaign, largely funding attack ads against Stratton. Stratton, strongly endorsed by Governor JB Pritzker, criticized her opponent’s support from “MAGA-backed crypto bros” and received an "F" rating from crypto advocacy groups due to her lack of support for cryptocurrency legislation. The race highlights the growing influence of crypto funding in U.S. political campaigns. Stratton is favored to win the general election against Republican Don Tracy in the solidly Democratic state.
TheNewsCrypto03/18 07:21