US Senate · Republicans · The Block
Former Sen. Sherrod Brown defeats Jon Husted, dealing a blow to crypto PAC Fairshake
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On Tuesday night, Brown defeated Husted in the race for Ohio's Senate seat, dealing a setback to Fairshake, a top crypto political action committee that committed tens of millions of dollars to keep Brown out of Washington.
Key facts
- Then in 2024, Fairshake spent $12 million to back crypto-friendly Republican Bernie Moreno against Brown, defeating him
- Earlier this year, Fairshake threw $30 million into the Ohio race, positioning itself against Brown
- Other candidates backed by Stand With Crypto such as Democrat Chris Pappas in New Hampshire won their race
- Cory Booker and Mark Warner, both of whom have been a part of the negotiations for crypto legislation
Summary
Earlier this year, Fairshake threw $30 million into the Ohio race, positioning itself against Brown. Then in 2024, Fairshake spent $12 million to back crypto-friendly Republican Bernie Moreno against Brown, defeating him. Husted, who is endorsed by crypto advocacy group Stand With Crypto, has voted yes for a few crypto bills, including the broad crypto legislation called the Clarity Act. Other candidates backed by Stand With Crypto such as Democrat Chris Pappas in New Hampshire won their race.