Crypto PAC-backed Republican Blake Masters loses in Arizona primary

According to the results released by the Associated Press on July 31, Blake Masters, the Republican candidate for the U.S. House of Representatives in Arizona's 8th Congressional District, lost the party's primary election. Abraham Hamadeh defeated Masters in the Republican primary with 29.8% of the vote. In the lead-up to the primary, the Crypto PAC Fairshake and Protect Progress's affiliate "Protect American Jobs Super PAC" spent about $600,000 in media buys to support Masters. The Republican candidate said in May that if elected, he would be "the biggest cryptocurrency advocate ever in Washington, D.C."