The Political Action Committee of the Crypto Industry has invested over $52 million to support the Republican senatorial candidate in Ohio
2026-10-17 08:31:43
According to CoinMeta, the Political Action Committee (PAC) of the crypto industry has invested over $52 million in the Ohio Senate elections, primarily to support the incumbent Republican senator Jon Husted and to oppose the former Democratic senator Sherrod Brown. Among them, the PAC Defend American Jobs, which is affiliated with Fairshake, was the main spender, investing $46.6 million in media advertisements, significantly exceeding the previously announced expenditure plan of $30 million. It is reported that this political action committee mainly received financial support from Coinbase and Ripple Labs.
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Source:Internet
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