Crypto PACs Lose Key Races After Spending Millions in Midterms

Crypto-focused super PACs spent more than $176 million across 100+ races in the 2026 US midterms. However, their biggest campaign ended in defeat after Democrat Sherrod Brown defeated Republican Jon Husted to win Ohio’s Senate contest despite a $64 million effort to stop him. According to NBC figures, Brown got 2.24 million votes, making up about 49.7% of the total cast, with Husted receiving 2.06 million, or 45.5%, with 97.3% of the vote counted.