CLARITY Act · New York · Republicans · The Block
Clarity Act fallout: crypto’s Fairshake PAC commits $30 million against Sherrod Brown
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Crypto-focused political action committee Fairshake is throwing $30 million into an Ohio race against former Sen.
Key facts
- Fairshake spent $12 million in Ohio to back crypto-friendly Republican Bernie Moreno, who went on to defeat crypto critic Brown
- Crypto-focused political action committee Fairshake is throwing $30 million into an Ohio race against former Sen
- A Fairshake spokesperson confirmed the $30 million figure and said it expects to announce more "midterm spend decisions" in the coming days and weeks, in an email to The Block
- Fairshake backed two current Senate Democrats, Ruben Gallego and Elissa Slotkin, both of whom voted against the Clarity Act last week
Summary
The PAC unleashed its multimillion-dollar campaign against Brown — its most aggressive move yet ahead of the midterms in November, according to a report from The New York Times on Monday. A Fairshake spokesperson confirmed the $30 million figure and said it expects to announce more "midterm spend decisions" in the coming days and weeks, in an email to The Block. Fairshake and the broader crypto industry played a significant role in the 2024 elections, spending millions of dollars through super PACs to influence political outcomes. S tarting in April, crypto money began flowing again to support Republican Sen.