Crypto group spent $55 million backing Ohio senator who already voted for CLARITY
AI summary
A crypto-backed political group, Defend American Jobs, spent over $55 million in Ohio between Sept. 21 and Oct. 26 supporting Republican Jon Husted and opposing Sherrod Brown, according to Americans for Financial Reform. Husted had already voted to advance the CLARITY Act, raising questions about whether the spending was necessary. Voters go to the polls Nov. 3 in midterms that will decide control of Congress, making the scale of crypto political spending a signal of the industry's influence on regulation.
