Skip to content
Back to Guavy Wire
Crypto

Crypto-Backed PAC Scales Back Ad Spending in Massachusetts Primary

Share

A PAC backed by crypto-industry interests has scaled back its ad spending in Massachusetts' primary election, which is set to take place on Tuesday. The Protect Progress PAC, an affiliate of Fairshake, has spent a relatively modest $189,000 on media supporting Representative Jake Auchincloss's reelection bid in the state's 4th congressional district.

This is a significant reduction from the group's earlier spending, which had reached over $130 million in the 2024 election cycle. The Protect Progress PAC has been accused of using 'AI-generated slop mailers' to support Auchincloss, with Democratic candidate Jason Poulos calling on the representative to publicly renounce the group's efforts.

Auchincloss has received significant donations from crypto-industry sources, including $77,500 since 2020. The Protect Progress PAC is seen as an attempt by Fairshake to influence the 2026 elections through media and ads unrelated to candidates' positions on crypto and blockchain.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc