Porter was the industry’s top target, and while crypto’s role in her defeat can’t necessarily be quantified, industry cash arrived as she was neck-and-neck with the top Republican, Steve Garvey, who eventually surpassed her. If she’d reached second place, Porter still may not have been able to defeat U.S. Rep. Adam Schiff (D-Calif.) in the November general election. He’ll now battle Garvey for the Senate seat.
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