The crypto-backed super PAC Fairshake spent nearly $56 million in an effort to prevent Democrat Sherrod Brown from returning to the U.S. Senate, but Brown won Ohio’s election by nearly five percentage points. Fairshake and its affiliated groups reportedly spent approximately $154 million on political advertising during the 2026 election cycle, with more than one-third of that amount directed against Brown. Democratic gains in Congress weakened the industry’s strategy, although several candidates backed by Fairshake also secured victories. The organization retains approximately $56 million for future elections, but the setback raises questions about the effectiveness of its spending with voters.
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