Crypto-focused super PACs spent more than $176 million across more than 100 races in the 2026 US midterms. Their biggest campaign nevertheless ended in defeat: incumbent Democratic Senator Sherrod Brown beat Republican Jon Husted in Ohio after crypto groups spent more than $64 million trying to prevent his victory. Fairshake accounted for $56.5 million of that spending, while the Digital Freedom Fund contributed $7.5 million. Following the defeat, crypto PACs also lost industry-backed candidates in Texas, Alabama, Iowa, Wisconsin and Michigan, while Democrats secured control of the House and Senate.
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