Begich, Hageman, and Frankel all voted in favor of both the GENIUS Act and the Digital Asset Market Clarity Act — known as the CLARITY Act — during their time in Congress. Crypto PACs spent over $170 million during the entire 2024 election cycle, so the resources are real — but so is the volatility of individual races. What the Michigan Loss Actually MeansSome people will read the Michigan result as a sign that crypto PAC money has limits. Thanedar lost despite the backing, and McKinney won a district where crypto spending didn’t move the needle enough. Frequently Asked Questions How much did crypto PACs spend on the Florida, Alaska, and Wyoming races?