Democrat backed by Ripple co-founder’s PAC wins Colorado primary
Cointelegraph 2026-07-01 19:30:08
Context: A candidate backed by a political action committee (PAC) associated with Ripple co-founder has won the Democratic primary in Colorado. The PAC contributed $1 million to support the candidate, who will advance to the November general election. The Colorado Democratic and Republican primaries took place on Tuesday.
Key Facts
- The candidate, whose name was not specified, received $1 million in support from a crypto-aligned PAC linked to Ripple co-founder, helping them secure a spot in the November general election.
- The contribution from the PAC was a significant factor in the candidate's primary win, as they competed in the Colorado Democratic primary.
- The outcome of the Colorado primaries sets the stage for the general election in November, where the victorious candidates will face off against their Republican opponents.