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Journalist Eleanor Terrett says more than $64m in crypto industry spending did not stop Sherrod Brown returning to the Senate, where he may lead a committee overseeing crypto. Pro-crypto Republicans Bryan Steil, Zach Nunn and Ann Wagner lost their seats, and Mike Lawler conceded.
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PANewsAIBearish
Crypto PACs spent about $63m trying to stop Sherrod Brown returning to the Senate in Ohio, with Fairshake putting in nearly $56m. Brown defeated incumbent Republican Jon Husted despite that spending. Eleanor Terrett says over $64m in crypto industry spending did not stop Brown's return, while pro-crypto Republicans…
Crypto super PAC Fairshake and its affiliates have spent more than $52.6m on Ohio's Senate race, according to Federal Election Commission filings. Fairshake-affiliated Defend American Jobs had spent about $46.66m as of 15 Oct, including $15,600 disclosed on 13 Oct for materials opposing Brown.
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CoinNessAINeutral
Crypto super PAC Fairshake held over $95m in election funds as of late September, funded mainly by Coinbase, Ripple and a16z, Politico reported. Its affiliate Defend American Jobs spent $45m backing Republican Sen. Jon Husted against crypto critic Sherrod Brown.
RegulationCoinNessAIBullish
Coinbase placed 11th among the top 50 donors to this year's US midterm elections with about $57.7m, while the Winklevoss twins ranked 12th with roughly $55.3m combined, according to Federal Election Commission data cited by the Washington Post. The top 50 gave $2.39bn in total, with $1.54bn to Republicans and $590m to Democrats.
RegulationCoinNessAINeutral
Coinbase has given about $57.8m and Ripple about $49.6m to US midterm election campaigns, ranking fifth and seventh among donor organisations. Gemini founders Cameron and Tyler Winklevoss gave about $55.9m combined and Foris Dax $39m.
Regulation
OdailyAINeutral
The crypto industry has spent about $176m across more than 100 races this US midterm cycle to build cross-party congressional allies. Fairshake and affiliates spent about $151m as of 20 Oct, with Coinbase, Ripple and a16z among main funders.
RegulationChainCatcherAINeutral
The US crypto industry is putting more than $200m into lobbying and the 2026 midterms to push the CLARITY Act, which stalled in the Senate in September. Fairshake, backed by Coinbase and Ripple, has supported 33 House candidates and spent $55m in Ohio against Sherrod Brown.
RegulationCoinNessAIBullish
The crypto industry is spending about $63m to try to stop former senator Sherrod Brown returning to Congress in Ohio, with Fairshake putting in nearly $56m and the Winklevoss brothers' PAC about $7.2m. Including 2024, crypto-backed spending against Brown has topped $100m over two years.
RegulationOdailyAINeutral
Crypto political action committees have spent almost $170m before the 3 November US midterms, leaning towards Republican candidates. Fairshake and affiliates put in $154m and hold $56m for the next cycle, while the Winklevoss-backed Digital Freedom Fund spent over $8m this month.
RegulationOdailyAINeutral
Donald Trump has endorsed pro-crypto Republican Representative Harriet Hageman in the Wyoming Senate race against Democrat James Byrd for the seat being vacated by Cynthia Lummis. Hageman backed the CLARITY Act, the GENIUS Act and a CBDC issuance ban in the House in July last year.
RegulationCoinNessAIBullish
Early US House results show crypto-backed candidates leading, among them Josh Gottheimer and Rob Menendez in New Jersey and several Georgia races. Anchorage Digital's Kevin Wysocki flagged Kentucky's sixth district, where Ralph Alvarado led Zach Dembo with under 24% counted.
RegulationOdailyAIBullish
Democrat Sherrod Brown, a crypto critic, defeated incumbent Republican senator Jon Husted in Ohio's US Senate race. A crypto super PAC had spent about $63m to unseat him, including $56m from Fairshake, but failed to block his victory.
RegulationCoinNessAIBearish
Journalist Eleanor Terrett says more than $64m in crypto industry spending did not stop Sherrod Brown returning to the Senate, where he may lead a committee overseeing crypto. Pro-crypto Republicans Bryan Steil, Zach Nunn and Ann Wagner lost their seats, and Mike Lawler conceded.
RegulationPANewsAIBearish
Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.
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