Crypto's $130 million congressional election binge has candidates like Utah's John Curtis poised for big wins

   The Republican candidates in Indiana and West Virginia have each received more than $3 million from Defend American Jobs. In Massachusetts, a super PAC for Republican John Deaton has pulled in $2.6 million from the crypto industry. Deaton, however, is polling way behind Democratic Sen. Elizabeth Warren, who is one of the crypto sector's top antagonists in Washington. "Elizabeth Warren is not going to lose her election in Massachusetts, so the industry can't get rid of Warren," said Delmore. "But they can at least help to vote out candidates who are allied with her against the crypto industry." One big target is Ohio Democratic Sen. Sherrod Brown, the chair of the banking committee. Some $40 million of crypto money has been directed at defeating Brown, and one PAC has paid for five ads designed to boost awareness of his Republican rival, Bernie Moreno, a blockchain entrepreneur. The race is currently very close and is crucial in determining which party will control the Senate. In House races, around $3.6 million in crypto PAC money has gone to candidates in Arizona, $5.4 million in New York, more than $4.8 million in Virginia, and $5.7 million in California, with half of that spend going to Republican Michelle Park Steel. Crypto PAC money has been party agnostic and not just focused on battleground districts. The focus is on supporting lawmakers who embrace regulation that favors the technology rather than getting in its way. "When we talk about digital assets, when we talk about crypto, that is not about Republicans and Democrats," said House Majority Whip Rep. Tom Emmer (R-Minn.), at Permissionless. "That's about Americans, that's about decentralization of a system that has been, literally, consolidated at the top." WATCH: Trump family given $337.5 million token stake in new crypto project