Crypto super PAC misses more than a third of its spending
In short
Crypto’s main political spending group had a bad result as Democrats won control of Congress.
What the reporting says
Crypto's main campaign arm suffered a costly setback as Democrats swept Congress, and more than a third of its spending failed to hit the mark, especially in Ohio.
Why it matters
Crypto’s primary campaign arm took a setback as Democrats swept Congress, with more than a third of its spending failing to land, especially in Ohio. That leaves the size of the setback and any policy consequences unclear.