Crypto super PAC to spend $30M opposing Sherrod Brown in Ohio
Fairshake’s biggest single-candidate spend this cycle comes after Senate Democrats blocked the Clarity Act, which would have favored crypto firms.
- On Monday, the crypto industry's super PAC, Fairshake, announced a $30 million advertising campaign against former Senator Sherrod Brown, a Democrat attempting a comeback in the Ohio Senate race.
- This aggressive spending follows last week's Senate vote blocking the Clarity Act, legislation every Senate Democrat opposed despite industry efforts to secure favorable regulatory treatment.
- Fairshake holds a combined $120.4 million war chest across affiliated committees, building on the $41 million it spent attacking Brown in 2024 when he chaired the Senate Banking Committee.
- Brown faces Republican Senator Jon Husted in a race where current polling shows 48% support for Brown versus 45% for the incumbent, while the Democrat's campaign manager Patrick Eisenhauer criticized billionaire influence.
- Fairshake plans additional spending in House and Senate races in the coming weeks, aiming to shift the Senate majority after the industry's top legislative priority failed to pass.
21 Articles
21 Articles
Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again: NYT
The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno. Fairshake, the political action committee (PAC) funded largely by cryptocurrency companies Coinbase and Ripple Labs, plans to spend $30 million opposing Democrat Sherrod Brown’s bid to […]
Fairshake plans $30M push against Sherrod Brown
Crypto-backed super PAC Fairshake has prepared an expenditure of at least $30 million to oppose former Sen. Sherrod Brown’s return to the U.S. Senate following the failure of the CLARITY Act. Fairshake prepares its largest 2026 expenditure Eleanor Terrett, host…
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