Crypto industry political action committees spent approximately $170 million in the US midterm elections, roughly $100 million more than AI-related PACs, which totaled about $72 million, according to reporter Eleanor Terrett.
Despite their outspending advantage, both sectors suffered notable defeats. AI-backed candidates Darline Graham in South Carolina, Mike Rogers in Michigan, and Carlos for Texas were all defeated. On the crypto side, the industry's $64 million-plus spending failed to prevent Sherrod Brown from winning a Senate seat.
Crypto PACs Outspent AI PACs by ~$100M in US Midterms, Both Suffer Election Losses
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