Crypto PACs spend big on Ohio Senate race

Fairshake, a Super PAC often supported by the crypto industry, transferred over $24 million to its affiliate Defend American Jobs in September. Defend American Jobs spent about $24 million in the Ohio Senate race in September. Approximately $18.6 milion was spent supporting Jon Husted, the Republican incumbent for the Senate race. An additional $5.7 million was spent opposing Sherrod Brown, the Democratic candidate for the Senate seat. Defend American Jobs has continued spending in October, with more funds opposing Brown, supporting Husted, and adding in opposition to Dan Osborn, the independent in the Nebraska Senate race. Brown has opposed the crypto industry before, describing crypto as “speculative products run by reckless companies — we know that’s true — that put Americans’ hard-earned money at risk, not surprising from an industry…

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