Republican

Fuel

2024

Read

<ul class="wp-block-list news-points">
 <li>Ohio’s Senate race has become the most expensive in the US election cycle.</li>
 <li>Super PAC DAJ launches a $40.8M TV ad campaign to support Republican Bernie Moreno.</li>
 <li>Moreno’s crypto background makes crypto aspirants support him in the race.</li>
</ul>
Crypto-backed spending in Ohio’s Senate race has hit unprecedented levels, making it the highest in the 2024 U.S. election cycle.
With Election Day fast approaching, ad spending on both Democrat Sherrod Brown and Republican Bernie Moreno has exceeded $170 million. Most recently, pro-crypto super PAC Defend American Jobs (DAJ) launched a <a href="https://www.foxbusiness.com/politics/pro-crypto-super-pac-becomes-largest-spender-ohio-senate-race" target="_blank" rel="noopener noreferrer nofollow">$40.8 million television ad campaign</a> backing Moreno.
<h2 class="wp-block-heading" id="h-pro-crypto-vs-anti-crypto-candidates">Pro-Crypto vs. Anti-Crypto Candidates</h2>
The Senate race between Brown and Moreno has captured significant attention from the U.S. crypto industry. Moreno, a Republican and founder of a blockchain company, is a vocal advocate for cryptocurrencies. This has drawn interest from crypto proponents, who see his potential to influence the industry if elected.
<a href="https://coinedition.com/crypto-lawyer-deaton-wins-gop-primary-warren-next-in-senate-race/" rel="noopener noreferrer nofollow">Read also: Crypto Lawyer Deaton Wins GOP Primary, Warren Next in Senate Race</a>
Conversely, Democrat Sherrod Brown has consistently opposed cryptocurrencies. Currently running for his f…
The post <a href="https://coinedition.com/crypto-backed-pacs-fuel-record-spending-in-ohio-senate-race/" rel="noopener noreferrer nofollow">Crypto-Backed PACs Fuel Record Spending in Ohio Senate Race</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto-Backed PACs Fuel Record Spending in Ohio Senate Race

Table of Contents

Coin Edition

Other articles published on Oct 10, 2024

OKX secures full UAE license, opens retail and institutional trading

Neogen Corp. Reports Q1 Results: $0.07 EPS, $217 M in Revenue

XRP to $1 Delayed: Legal Expert Predicts SEC vs Ripple Battle Will Drag on Until 2026

Will Bitcoin Price Hit $150K In Q4? Expert Reveals Key Conditions

Mt. Gox Extends Deadline for Debt Repayments to Creditors

What is Saga (SAGA) Coin?

Join our free newsletter for daily crypto updates!