Fairshake wins 29 of 34 races as Democrats take Congress, $60 million spent in Ohio

The largest political action committee supporting the US crypto industry won the majority of its targeted races in the 2026 midterm elections, according to data reported after November 4. Fairshake, backed by leading blockchain companies and investors, secured victories in 29 out of 34 congressional contests that had been decided. Despite significant investment from crypto-focused groups, notable setbacks emerged. In Ohio, Democratic Senator Sherrod Brown prevailed over Republican challenger Jon Husted, undeterred by over $60 million in campaign spending orchestrated by crypto industry PACs. This marks a high-profile defeat for advocates seeking more crypto-friendly regulation in a contentious state.

Source: CoinTurk News