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Crypto PAC Spending Against Sherrod Brown Passes $52 Million In Ohio

Bitcoinist
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Crypto PAC Spending Against Sherrod Brown Passes $52 Million In Ohio

TL;DR: Crypto-aligned political committees have reported more than $52 million in spending against former Senator Sherrod Brown’s bid to return to Congress. The campaign is one of the clearest examples of the industry’s willingness to spend heavily on a single Senate seat. The cryptocurrency industry’s election spending is no longer an abstract national number. In […]

Key Takeaways

  1. TL;DR: Crypto-aligned political committees have reported more than $52 million in spending against former Senator Sherrod Brown’s bid to return to Congress.
  2. The campaign is one of the clearest examples of the industry’s willingness to spend heavily on a single Senate seat.
  3. The cryptocurrency industry’s election spending is no longer an abstract national number.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.