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Cryptocurrency Firms Face Losses After Illinois Primary Spending

Primul articol: 19 mar. 2026, 20:46 | Ultima actualizare: 19 mar. 2026, 20:46 | 1 sursa | 1 articol

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Cryptocurrency companies have suffered considerable financial losses following their substantial investments in the Illinois primaries. These firms poured money into supporting specific candidates and initiatives related to the cryptocurrency industry, hoping to influence policy and regulation. However, the outcomes of the primaries did not align with their expectations, resulting in a significant financial blow.

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Cryptocurrency firms suffer heavy losses in Illinois primaries after spending big Foto: The Guardian
The Guardian English 19 mar. 2026, 20:46 (acum 2 ore)

Cryptocurrency firms suffer heavy losses in Illinois primaries after spending big

Cryptocurrency’s biggest Pac spent more than $10m for their candidates, only to be defeated by those who are anti-cryptoSign up for the Breaking News US email to get newsletter alerts in your inboxThe cryptocurrency industry spent big and lost often in this week’s Illinois primaries.As the industry prepares to make massive donations in the 2026 midterm elections to replicate its success in 2024, the Illinois losses mark an early setback for firms that are trying to establish themselves as power

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