24 DAILY NEWS – Five years ago, a Nevada state senator played a pivotal role in halting a crypto tycoon’s ambitious plan for a blockchain city in the Reno desert. Now, as that lawmaker campaigns for a higher office, she faces substantial financial opposition from the very mogul who sought to realize his vision.
The battle in the state attorney general’s race exemplifies the increasing efforts from the crypto sector to place industry-friendly officials into power. In Nevada, this evolving narrative highlights an eccentric multimillionaire whose financial contributions threaten the political future of a woman who once thwarted his dream.
Kenneth Miller, an assistant professor of political science at the University of Nevada, Las Vegas, noted that Jeffrey Berns’ spending in this early stage of the primary is significant. “We don’t know if this only represents an initial investment and will be followed up by more,” he said.
Spending Big
