Crypto's political spending surged to over $245 million in the 2024 election cycle, with the largest super PAC, Fairshake, investing heavily in key races to support pro-crypto candidates like Steven Horsford in Nevada. Ads often focused on traditional issues rather than crypto, aiming to appeal to a broader voter base. Notably, $40 million targeted Ohio Sen. Sherrod Brown, a vocal critic of the industry, highlighting the strategic approach of crypto advocates in shaping electoral outcomes.
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