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Defend American Jobs spends over $46 million on Ohio Senate race

Crypto PACs spend big on Ohio Senate race

Protos

Defend American Jobs has spent more than $46 million on the Ohio Senate race this cycle. The total already exceeds the $40 million Defend American Jobs spent supporting Bernie Moreno in 2024. Defend American Jobs spent about $24 million on the Ohio race in September. Approximately $18.6 million supported Republican incumbent Jon Husted. Another $5.7 million funded opposition to Sherrod Brown, the Democratic candidate for the Senate seat.

Fairshake, a super PAC frequently backed by the crypto industry, transferred more than $24 million to Defend American Jobs, a Fairshake affiliate, in September. Defend American Jobs continued spending in October to oppose Brown and support Husted. Defend American Jobs also added spending against Dan Osborn, the independent candidate in Nebraska's Senate race.

Brown has previously opposed the crypto industry. Brown described crypto products as speculative and the companies operating those products as reckless, saying the products endangered Americans' earnings. Brown said the industry was established to evade rules. Husted vocally supported the Clarity Act.

The Digital Freedom Fund has joined Defend American Jobs in spending by the crypto industry. The Digital Freedom Fund receives most of the fund's support from the Winklevoss Capital Fund. The Digital Freedom Fund has spent an additional $5.9 million on the Ohio Senate race, backing Husted and opposing Brown.

This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.