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Crypto Super PAC Defend American Jobs Spends $11.4 Million on Ohio Senate Race

Source
JH Kim

Summary

  • The U.S. crypto industry super PAC Defend American Jobs has committed $11.4 million to the Ohio Senate race.
  • Defend American Jobs said it spent $11.4 million on advertisements supporting Republican candidate Jon Husted and opposing Democratic candidate Sherrod Brown.
  • Crypto industry political action committee Fairshake said it plans to commit an initial $30 million to the Ohio Senate race.

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Photo: Shutterstock
Photo: Shutterstock

Crypto industry super PAC Defend American Jobs has spent $11.4 million on Ohio's U.S. Senate race, Cointelegraph reported on September 28.

Federal Election Commission filings show the group spent $11.4 million on advertisements supporting Republican candidate Jon Husted and opposing Democratic candidate Sherrod Brown.

Defend American Jobs is affiliated with Fairshake, a political action committee backed by the crypto industry. Fairshake had previously said it planned to commit an initial $30 million to the Ohio Senate race.

Brown previously served as chair of the Senate Banking Committee and has been critical of major crypto-related legislation.

#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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