Crypto Lobby Secures Major Victory as Sherrod Brown Loses Senate Seat in Ohio

Quick Summary:

Brown’s loss comes after Fairshake, a pro-crypto super PAC, poured an astonishing $40 million into unseating the Democratic incumbent.

Fairshake’s investment drove the Ohio race to become the second-most expensive Senate contest in U.S.history when adjusted for inflation, according to OpenSecrets data.

His defeat represents a major setback for progressive allies like Brown, who has been a vocal critic of digital assets and their regulatory trajectory.

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Article Details

Author / Journalist: Sander Lutz

Category: Crypto

Markets: Estonia

Topics: 2024 election Us crypto policy Breaking Tag Law and Order Fairshake Sherrod Brown Breaking Push

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 04:26:23 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23441543

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 6 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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