Crypto super PACs spend $176 million on 2026 midterms as Democrats sweep Congress
CIE News ·
Based on reporting by Cointelegraph; not yet independently confirmed.
Crypto PACs deployed $176 million during the 2026 midterms, according to Cointelegraph, but face tougher scrutiny after Democrats took Congress and Sherrod Brown won in Ohio.
Crypto super PACs spent more than $176 million during the 2026 midterm elections, exceeding their 2024 total, Cointelegraph reported on November 4, 2026. The political groups lost a major race as Sherrod Brown won in Ohio, with Democrats sweeping Congress to create the prospect of stricter regulatory scrutiny for the digital asset industry. The political action committees are now preparing a new strategy targeting the 2028 election cycle.
Key facts
- $176M spent by crypto PACs
- Democrats sweep Congress
- Sherrod Brown won Ohio race
- PACs targeting 2028 elections
Read the original at Cointelegraph