Rep. Bill Huizenga, the No. 2 Republican on the House Financial Services Committee, lost his reelection bid to Democrat Sean McCann, the Associated Press called Wednesday afternoon, despite about $1 million in support from the crypto super PAC Fairshake.

With more than 97% of votes counted earlier today, McCann led Huizenga 50.1% to 48.3% in Michigan’s 4th Congressional District, a gap of about 7,000 votes out of nearly 300,000 cast. The race had been rated “lean Republican” heading into Tuesday.

Huizenga, an eight-term congressman and the committee’s vice chair, is the highest-ranking Republican on the panel to lose. He is not the only crypto ally on it to go down.