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Crypto-backed political action committees have disclosed spending more than $8 million on media buys to support candidates in three upcoming state primaries — New York, Maryland, and Utah.
The disclosures put hard dollar figures behind the industry's electoral push and have already drawn open resistance in Maryland, where some Democrats are pressing at least one candidate to refuse what they are calling "outside spending from crypto billionaires." A Coordinated Three-State Commitment The $8 million figure is a disclosure number, not a pledge — meaning it reflects funds already committed to media, not a projected budget ceiling.
The fact that the filings span three states simultaneously points to a deliberate strategy to influence primary outcomes across distinct political environments, from deeply Democratic Maryland to contests in New York and Utah.
Media spending of this scale in a primary cycle is notable; primaries typically draw lower turnout and smaller ad markets, meaning the same dollar buys more reach than it would in a general election.
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