Fairshake Unveils $30M Anti-Brown Campaign for Ohio Senate Seat

Fairshake, a political action committee (PAC) funded largely by cryptocurrency companies Coinbase and Ripple Labs, plans to spend $30 million opposing Democrat Sherrod Brown's bid for re-election in Ohio. This is not their first attempt at influencing the election; they spent about $41 million supporting Republican Bernie Moreno and opposing Brown in his 2024 reelection bid.

Brown, who had been the Senate Banking Committee chair when Democrats were in the majority, lost to Moreno by about four points in 2024 following more than $300 million in spending by Fairshake and other PACs. The current plans for this election cycle aim to spend $30 million opposing Brown's 2026 election bid.

Fairshake spokesperson Geoff Vetter confirmed reporting by the New York Times that the PAC initially planned to spend $30 million opposing Brown, with expected additional expenditures before the midterm elections on November 3. The cryptocurrency industry is also supporting other PACs attempting to influence voters in key races for 2026.