{"id":651769,"date":"2026-09-01T21:52:40","date_gmt":"2026-09-01T21:52:40","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/01\/crypto-backed-pac-scales-back-ad-spending-in-massachusetts-primary\/"},"modified":"2026-09-01T21:52:40","modified_gmt":"2026-09-01T21:52:40","slug":"crypto-backed-pac-scales-back-ad-spending-in-massachusetts-primary","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/01\/crypto-backed-pac-scales-back-ad-spending-in-massachusetts-primary\/","title":{"rendered":"Crypto-backed PAC scales back ad spending in Massachusetts primary"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/09\/01M1F9CHX26RTFEYCMMVC55WQZ\/hi-pacs-in-crypto-and-blockchain2.jpg\" alt=\"Crypto-backed PAC scales back ad spending in Massachusetts primary\" class=\"type:primaryImage\" \/><\/p>\n<p>The $189,000 in media spending to support Representative Jake Auchincloss marked Fairshake\u2019s latest attempt to influence the 2026 elections with funds from the crypto industry.<\/p>\n<p>An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at least one candidate in Tuesday\u2019s primary in Massachusetts.<\/p>\n<p>According to Federal Election Commission (FEC) records as of Tuesday, the Protect Progress PAC, a Fairshake affiliate, <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00848440\/2009854\/se\" rel=\"noopener noreferrer\" target=\"_blank\">spent<\/a> just over $189,000 on media to support Representative Jake Auchincloss running for reelection in Massachusetts\u2019 4th congressional district. Some of the funds, according to Democratic candidate Jason Poulos, were used to create \u201cAI-generated slop mailers\u201d supporting Auchincloss ahead of the Massachusetts primary, scheduled for Tuesday.<\/p>\n<p>In an Aug. 16 letter, Poulos <a href=\"https:\/\/poulos.house\/letters\/protect-progress.html\" rel=\"noopener noreferrer\" target=\"_blank\">called<\/a> on the Democratic lawmaker to \u201cpublicly renounce\u201d Protect Progress\u2019 efforts to potentially influence the primary and general election. The candidate claimed Auchincloss had accepted $77,500 directly from \u201ccrypto-industry sources\u201d since 2020, pointing to the Massachusetts lawmaker\u2019s record in voting for the Digital Asset Market Clarity Act in July 2025 \u2014 a market structure bill not signed into law as it awaits consideration in the Senate.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/crypto-pac-protect-progress-spending-massachusetts-primary\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The $189,000 in media spending to support Representative Jake Auchincloss marked Fairshake\u2019s latest attempt to influence the 2026 elections with funds from the crypto industry. An affiliate of the political action committee (PAC) Fairshake, which was responsible for pouring more than $130 million in ads and media in the 2024 election cycle, is supporting at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":651770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-651769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/651769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=651769"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/651769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/651770"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=651769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=651769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=651769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}