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  • Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe
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Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe

cryptovert September 27, 2024 1 min read

If
Brown
loses,
the
chances
get
much
higher
that
Republicans
take
the
Senate
majority,
and
Sen.
Tim
Scott
(R-S.C.)
potentially
becomes
the
next
chairman.
Though
Scott’s
crypto
views
had
long
been
muted,
he
recently
cheered
on
digital
assets
innovations
at
the
Nashville
Bitcoin
2024
event,
and
at
a
symposium
in
Wyoming
hosted
by
the
SALT
Conference,
he
floated
a
crypto-specific
subcommittee
if
he
wins
the
gavel.

“We
have
to
get
rid
of
the
folks
who
are
in
the
way,”
Scott
said
in
Nashville.

Fairshake
made
a
splash
when
it
quickly
outpaced
other
industry
PACs
for
the
amount
of
cash
it
stockpiled
for
the
2024
elections:
$169
million.
It’s
used
that
war
chest
on
candidates
it
considers
good
for
the
industry,
and
to
oppose
those
who
wouldn’t
be
–
especially
if
they’ve
been
backed
by
Sen.
Elizabeth
Warren
(D-Mass.)

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