Crypto PACs offer no quarter to Democrats in midterm war

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TL;DR: Crypto PACs are pouring millions into United States midterm races, with Fairshake targeting Democrats who opposed the CLARITY Act. At the same time, industry claims about a powerful “crypto voter” face conflicting survey data, while questions over Trump’s crypto interests and potential conflicts continue.

Key Takeaways:

Crypto campaign financiers are showing Democrats no mercy in the United States midterm election fight, while Donald Trump just can’t stop pushing his ‘ethics’ boundaries.

On Tuesday (22), the crypto-focused Fairshake political action committee (PAC) made good on its threat to go medieval on Sherrod Brown, the Democratic ex-senator looking to dethrone Ohio Republican Jon Husted in November’s midterm elections. Fairshake has pledged to spend $30 million to keep Brown from returning to the Senate after spending $40 million to ensure Brown’s 2024 defeat vs. Bernie Moreno.

As always, Fairshake’s anti-Brown ads don’t mention crypto, instead attacking Brown’s “failed liberal legacy” and his alleged offering of Social Security benefits to “illegals,” while pro-Husted ads praise the Republican’s focus on “affordability” issues.