Stephen Council: Crypto's 'savagery' sunk Calif. progressive's Senate campaign, New Yorker reports
"The March primary for California’s open U.S. Senate seat was no typical campaign, according to a Monday investigation by the New Yorker. Instead, it was a premonition, a threat and a picture of tech’s newfound political might, all rolled into one.
Democrat Adam Schiff and Republican Steve Garvey won the most votes in the race, clearing the way for the two to advance to the November election and for Schiff to surely assume victory in deep-blue California. But according to the magazine’s Oct. 7 story, “Silicon Valley, the New Lobbying Monster,” runner-up Katie Porter can blame a powerful enemy: The fledgling cryptocurrency industry stuck a $10 million knife in her campaign."
#2024Elections #katieporter #adamshiff #cryptocurrency #California #PACs
https://www.sfgate.com/tech/article/crypto-katie-porter-senate-campaign-19829644.php