Fairshake Leads Crypto PACs in $800K Daily Push Against Anti-Crypto Sherrod Brown

Quick Summary:

Fairshake, a political action committee bankrolled by some of the biggest players in cryptocurrency, including Coinbase Global Inc., Ripple Labs, and venture-capital firm Andreessen Horowitz, has poured nearly $40 million into Ohio since August to push against anty-crypto Senator Sherrod Brown.

So far in 2024, the crypto-centric super PAC Fairshake and its affiliates have spent $54.6 million on behalf of Republicans.$33.7M was spent on behalf of Democrats, an advantage of 62% for the GOP.

His success in that race would eliminate one of its most strident critics, Sherrod Brown, while helping lock in Republican control of the crypto-Congress.

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Article Details

Author / Journalist: Teuta

Category: Crypto

Markets: IndiaCroatiaIreland

Topics: Crypto super PAC US elections 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 21:23:41 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 832 words

Reading Time: 5 minutes read

Sentences: 56 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23218053

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