Crypto industry spending tops $10 million in Nebraska as Republicans try to fend off Senate upset

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The cryptocurrency industry’s multimillion-dollar effort to protect Senate Republicans has expanded to an unlikely midterm battleground: deep-red Nebraska.

Sen. Pete Ricketts (R-NE), an industry ally and member of the Senate Banking Committee, has received almost $11 million in support from Fairshake, a leading crypto super PAC. The spending, which began two weeks ago as a $2.4 million ad buy, represents the latest example of crypto interests aligning with the GOP in a high-stakes battleground. The only other race where Fairshake has spent more is to help Sen. Jon Husted (R-OH) in Ohio.

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