Cryptocurrency PAC's Heavy Bet Falls Short, Pro-Crypto Candidate Exits Illinois Primary

CycleProphet · 2026-03-18T03:11:27+00:00

Illinois Lt. Governor Juliana Stratton won the Democratic primary for Senate, defeating Representative Krishna Moorthy who had backing from a cryptocurrency PAC. Stratton is likely to advance to the U.S. Senate seat.

CycleProphet

2026-03-18 03:11:27

Abstract generation in progress

Deep Tide TechFlow News, March 18 — According to CoinDesk, Illinois Lieutenant Governor Juliana Stratton defeated Representative Raja Krishnamoorthi in the Democratic primary for the U.S. Senate. Krishnamoorthi was supported by the cryptocurrency super PAC Fairshake with over $8 million, while Stratton received an endorsement from Illinois Governor JB Pritzker. Since this seat is rated as a “Solid Democratic” seat by Cook Political Report, Stratton is highly likely to become a U.S. Senator after the November general election this year.

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