$40 million in crypto-backed ads unseat Sen. Sherrod Brown – Firstpost
Throughout his tenure, the now-unseated Senator Sherrod Brown had been unpopular with crypto enthusiasts for questioning digital tokens’ links to terrorism and pushing for tighter regulation
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Blockchain entrepreneur Bernie Moreno defeated three-term incumbent Senator Sherrod Brown, D-Ohio, in a fiercely contested race with implications for US Senate control.
The Ohio contest became a flashpoint for cryptocurrency advocates who funnelled an unprecedented $40 million to defeat Brown, a leading voice for stricter crypto regulation.
Moreno, a former luxury car dealer with little political name recognition, gained momentum with support from a pro-crypto PAC that funded five ads to raise his profile.
Brown’s defeat marks a significant…
