Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred.
With 11 days until the US Election and Texans already going to the polls for early voting, crypto political action committees (PACs) have reported final expenditures supporting Republican Senator Ted Cruz for reelection.
As of Oct. 24, filings with the Federal Election Commission (FEC) showed the Bitcoin Voter PAC spent roughly $30,000 on digital advertising to support Cruz in the 2024 election.
The PAC, which reported receiving $65,000 from the Bitcoin Voter Project — an organization formed by mining executives claiming to seek to educate voters on Bitcoin (BTC) — has released ad spots encouraging voters to support Republican presidential candidate Donald Trump and Pennsylvania Senate candidate Dave McCormick.
