Crypto spent millions to defeat Sherrod Brown and elect allies. It's ready for a repeat in 2026

[SunImp]

COLUMBUS, Ohio (AP) — At a five-star resort tucked in the mountains of Jackson Hole, Wyoming, the cryptocurrency industry was celebrating a historic start to the year on Capitol Hill. Its priorities were sailing through Congress with unusual speed and one senator did not hesitate to say why.

Sen. Tim Scott, chairman of the Senate Banking, Housing and Urban Affairs Committee, was asked during the August panel what had changed to clear the way for such progress.

“I got to tell you,” said Scott, R-S.C. “Thank you, to all of y’all, for getting rid of Sherrod Brown,” he said, referring to the Ohio Democrat who lost his Senate seat in 2024 to Republican Bernie Moreno.

Laughter and applause rippled through the room. “Literally, the industry put Bernie Moreno in the Senate,” he added, according to a video from the Wyoming Blockchain Symposium.

https://apnews.com/article/crypto-campaign-spending-sherrod-brown-ohio-senate-cea29489a717c9babc234f7f6b7d46f1

[SunImp]

1. Crypto industry spent at least $238m in the last election cycle

40 million+ Sherod Brown
10 million on Katie Porter
1.4 million Cori Bush
2m Jamal Bowman

Dark money needs to go

[no_hypocrisy]

3. Citizens United has to go, along with progressive Campaign Finance Reform.

[SunImp]

7. 100% Citizens United has done irreparable harm to our country over the years

[yellow dahlia]

4. Yes - dark money needs to go.

This is supposed to be government by the people and for the people.

Our reps in Congress are supposed to represent us. Instead they are bought, and they sell us down the river...and it needs to stop.

[SunImp]

6. I hope our next Democratic candidate campaigns on this

[yellow dahlia]

10. Yes!

[yellow dahlia]

11. Yes!

[Lovie777]

2. Crypto may not be viable ......................

[Fiendish Thingy]

5. They purchased quite a few sitting Dem senators too

18 total, IIRC.

Ruben Gallego got $10 million from the crypto bros; I don’t know what the others’ price tags were.

[NewHendoLib]

8. Monopoly money?

[SunImp]

9. To many it probably is lol

A cryptocurrency (colloquially crypto) is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain

[NewHendoLib]

12. I know what it is, thx. I see it as Monopoly money for fools