Crypto super PAC to spend $30M opposing Sherrod Brown in Ohio
Summary
The cryptocurrency super PAC Fairshake will spend $30 million to oppose Sherrod Brown’s attempt to return to the U.S. Senate in Ohio. Brown, a Democrat, is running against the current Senator Jon Husted, a Republican.Key Facts
- Fairshake is a political action committee (PAC) funded by the cryptocurrency industry.
- The PAC plans to spend $30 million in Ohio on the 2024 Senate race.
- Their spending is aimed at opposing Sherrod Brown, the Democratic candidate.
- Sherrod Brown served as Ohio’s Senator for almost 20 years before losing in 2024.
- Brown is trying to win back his Senate seat.
- The Republican incumbent Senator is Jon Husted.
- The group confirmed this spending plan to The Hill news outlet.
- This is part of a larger trend of cryptocurrency groups getting involved in U.S. elections.
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