Manny Rutinel, the Democratic candidate for Colorado's 8th Congressional District, secured a primary victory with 61.7% of the vote, advancing to the general election in November. His campaign received significant support from the You Can Push Back Super PAC, which was funded with $3.5 million by Ripple Labs co-founder Chris Larsen. The PAC spent $1 million to bolster Rutinel's campaign efforts.
Rutinel has been rated as "Strongly Supports Crypto" by Stand With Crypto, an organization linked to Coinbase. This comes amid a broader trend of substantial crypto industry investments in U.S. elections, with approximately $189 million already spent for the 2026 cycle. However, a recent poll by Americans for Financial Reform indicates that many Americans are wary of the crypto sector's influence on political figures.
Crypto-Backed Candidate Wins Colorado Democratic Primary
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