Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again: NYT
Summary
Fairshake, a crypto industry-backed PAC funded largely by Coinbase and Ripple Labs, plans to spend $30 million opposing Democrat Sherrod Brown’s 2026 Senate bid in Ohio. The PAC confirmed it expects to announce more spending before the Nov. 3 midterms. Fairshake previously spent about $41 million supporting Republican Bernie Moreno and opposing Brown in 2024, helping Brown lose by roughly four points after heavy outside spending. The new effort is part of a broader push by crypto-aligned groups to influence key 2026 races, as control of both chambers of Congress is at stake. Fairshake said in August it had a $122 million war chest for the election cycle.
