Regulation
Crypto $200M Midterm Bet Stumbles as Dems Win [2026]
The crypto industry’s biggest political push in a US midterm cycle did not deliver the map its backers wanted. Voters went to the polls on Tuesday, November 3, 2026, and results landed on November 4. Democrats won control of both the House of Representatives and the Senate, and coverage from Reuters and CoinDesk pointed to a string of races where heavy crypto midterm spending failed to move the result. The headline number is large. The industry spent roughly $200 million across the cycle, with Fairshake and its affiliated PACs doing most of the work. More than $60 million of that...
shattered.io20 min read
