Crypto
Ripple-Funded PAC Launches $30M Campaign Against Sherrod Brown Amid CLARITY Act Collapse
Ripple's influence in Washington politics has been on full display as its backed PAC, Fairshake, launches a $30 million campaign against former US Senator Sherrod Brown. The campaign is in response to the collapse of the CLARITY Act bill, which needed 60 votes but only received 49.
Fairshake's aggressive move ahead of the November mid-term elections could sway the Ohio Senate race and potentially give Ripple more clout in future legislation.
Meanwhile, XRP has seen a price increase of 3.5% to $1.54, with whales on Hyperliquid opening long positions worth $16.91 million between September 21 and 22.
This surge in open interest has pushed the OI for XRP to $298.22 million, the highest since January 2026.