Crypto PACs Pour $52 Million Into Campaign Against Sherrod Brown
Industry-backed groups have ramped up spending to block the former lawmaker's return to the Senate in the 2026 race.
Regulation Editor: Fabricio Marcilio 1 min read
Political action committees tied to the crypto sector have intensified their funding against Sherrod Brown's campaign to return to the Senate in Ohio. Defend American Jobs, an affiliate of Fairshake, allocated 46.6 million dollars for media campaigns opposing the former lawmaker and supporting Republican incumbent Jon Husted. This total surpasses the initial 30 million dollar projection released in September.
The Digital Freedom Fund, established by the founders of the Gemini exchange, also increased its involvement in the race. The group reported spending 3 million dollars this week. Consequently, the total invested by this organization in the Ohio contest now exceeds 5.9 million dollars.
Total industry investments against Brown now top 52 million dollars. This figure exceeds the 41 million dollars spent by Fairshake in 2024 against the same candidate. The movement comes at a critical juncture for control of the U.S. Congress in 2026.
Sherrod Brown chaired the Senate Banking Committee and maintained a critical stance toward policies championed by the digital asset industry. The former senator stated in an interview that his political career involves clashes with major economic sectors. Early voting in Ohio has been underway for ten days.
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