Fairshake and its two affiliated political action committees spent more than $170 million in the US midterms but failed to prevent Ohio Senator Sherrod Brown from returning to the Senate. The network allocated roughly $75 million to Republicans, $30 million to Democrats and $36 million to opposing candidates, yet more than one-third of its spending failed to achieve its targets. Ohio was the major setback, with as much as $63 million spent according to estimates, while Brown won by nearly five points. Democrats now control both chambers, raising questions about crypto legislation, including the stalled CLARITY Act and potential changes to the role of the SEC.
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