Why Crypto Billionaires Want to Flip Sherrod Brown’s Senate Seat
After two elections where he bucked Ohio’s rightward trend, Democratic Sen. Sherrod Brown is clinging to the narrowest of polling leads. If he loses to unpopular car salesman Bernie Moreno next month, he might have crypto to blame.
Cryptocurrency companies are pouring tens of millions of dollars into the race through a super PAC in response to Brown’s scathing criticism of the industry as Senate Banking Committee chair.
Their leading role in the race shows how much money — no matter the “coin” — talks.
Crypto sat in the political doghouse after the collapse of Sam Bankman-Fried’s FTX fraud two years ago, but it drew broad bipartisan support for its top legislative priority this May as it showered…
