Crypto Super PAC Launches $30 Million Campaign Against Sherrod Brown After Clarity Act Defeat

The crypto industry is escalating its political spending after the Clarity Act stalled in the Senate.

Industry-backed super PAC Fairshake is preparing a $30 million campaign against Democratic Ohio Senate candidate Sherrod Brown.

The spending marks Fairshake’s biggest midterm push yet and comes as the industry reassesses its political strategy following last week’s failed Senate vote on crypto market structure legislation.

Why Fairshake Is Turning the Heat

Fairshake plans to begin the campaign Tuesday with advertising and direct mail targeting Brown, The New York Times reported.

Brown, a former senator and longtime crypto skeptic, is challenging Republican Sen. Jon Husted in a closely watched Ohio Senate race.

The crypto PAC previously spent $41 million targeting Brown during the 2024 election, when he chaired the Senate Banking Committee. Brown ultimately lost that race.

Fairshake and two affiliated groups now hold a combined $120.4 million war chest, according to federal filings cited by NYT.

The PAC has already spent more than $68 million supporting or opposing congressional primary candidates this election cycle. The group said additional spending in House and Senate races will be announced, including support for candidates from both parties.