Crypto PAC Bets $30 Million to Oust Brown in Ohio Senate Race

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Source: Politico
TL;DR Summary

A crypto industry–backed super PAC, Fairshake, plans to spend at least $30 million in Ohio’s Senate race to defeat Democrat Sherrod Brown, marking its largest 2026 push to date as Brown faces Republican Jon Husted in a special election. The burst of spending follows Democrats’ rejection of a crypto-friendly bill (the Clarity Act), and the group—primarily funded by Coinbase, Ripple, and Andreessen Horowitz—has built a war chest of over $120 million as it aims to punish Democrats who opposed the legislation.

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