CoinTelegraph
Crypto-backed Michigan incumbent loses primary despite $2M PAC support
August 5, 2026•01:51 PM
Two-term incumbent Michigan Representative Shri Thanedar has been unseated in a Democratic primary by Donavan McKinney, despite receiving over $2 million in support from a crypto-backed political action committee (PAC). McKinney secured victory with 51.9% of the vote compared to Thanedar's 48.1%, ending the career of the politician who had consistently voted in favor of cryptocurrency-friendly legislation during his time in Congress. The Michigan 13th Congressional District primary sparked accusations of "payback" from the cryptocurrency industry, which poured significant resources into the race to maintain Thanedar's pro-crypto stance in Washington. This outcome represents a notable setback for crypto political influence and could signal shifting political winds regarding digital asset regulation, particularly as the November general elections approach.
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