Pro-Crypto Super PAC Blows $300K on Political Shenanigans in Georgia – You Won’t Believe It!

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In a plot twist that could only be concocted in the most outlandish of novels, a pro-crypto super PAC-yes, that’s right, a super PAC-affiliated with the illustrious Tether executives has decided to splash a whopping $300,000 on its first foray into political advertising. And where might this princely sum have gone, you ask? Straight to a firm co-founded by none other than Tether’s U.S. CEO! What a tangled web we weave!

Key Takeaways:

  • Fellowship PAC filed its inaugural FEC expenditure on April 8, 2026, tossing $300,000 into the coffers of Nxum Group LLC for the privilege of advertising. One can only wonder what sort of magic tricks they’ll pull next!
  • The ad buy threw its weight behind Clay Fuller in GA-14, but alas, the PAC’s grand promise of $100 million seems to have taken a little vacation from the FEC contribution filings.
  • Jesse Spiro, who became Fellowship PAC chairman on April 1, 2026, is deepening the Tether U.S. connections faster than one can say “crypto conundrum” ahead of the November midterms.

Tether-Connected PAC Throws $300K Behind Clay Fuller in GA-14 – Is This Even Legal?

Fellowship PAC filed a 24/48 Hour Report of Independent Expenditures with the Federal Election Commission (FEC) on April 8, 2026. This marks its first reported spending since it graced the world with its presence in 2025. The delightful news was first unveiled by Coindesk’s own Jesse Hamilton on Sunday-kudos to him for unearthing this gem!

The $300,000 payment was directed to Nxum Group LLC, that charming establishment located in Dover, Delaware, for advertising purposes. The disbursement was signed with a flourish by PAC treasurer Mitchell Nobel, and rest assured, the ad rolled out to the public like a well-oiled machine on April 7. Fancy that!

The ad in question gave its hearty backing to Clay Fuller, a Republican contender for the U.S. House in Georgia’s 14th Congressional District. Fuller is apparently a Trump-backed candidate who recently emerged victorious in a special election to fill the shoes of former Rep. Marjorie Taylor Greene. Curiously enough, Fellowship PAC had not bothered to announce this buy or include Fuller on its endorsement list at the time of filing. One wonders if they’re playing hard to get!

Now, as for the vendor at the center of this delightful disclosure, Nxum Group LLC was co-founded by the ever-so-charming Bo Hines, who doubles as CEO of Tether U.S. and previously advised the Trump administration on crypto policy alongside his father Todd and another partner. A family affair indeed!

Crypto America journalist Eleanor Terrett reported on Spiro’s new title on April 1, 2026. Because why not add a bit of drama to the mix?

Fellowship PAC’s leadership structure is more entwined with Tether’s U.S. operations than a cat in a ball of yarn. On April 1, 2026, Jesse Spiro, Vice President of Regulatory Affairs and Head of Government Affairs at Tether U.S., was named chairman of the PAC. Nobel, the treasurer, is also an executive at Cantor Fitzgerald, which just happens to be the firm that holds Tether’s dollar reserves. One must admire their commitment to efficiency!

//news.bitcoin.com/new-crypto-pac-targets-us-digital-asset-legislation-with-anchorage-digital-and-chainlink-support/”>crypto PAC

s have squandered in recent election cycles. The ever-popular Fairshake, for instance, splashed over $130 million in the 2024 cycle alone! Meanwhile, Fellowship PAC has positioned itself as a unique entity, moonwalking its way toward regulatory clarity and U.S. leadership in digital assets-what a lofty ambition!

Since the leadership change on April 1, the PAC’s X account and website have become quite the bustling hubs of activity. Endorsements now include high-profile names such as Blake Miguez, Nate Morris, Pete Ricketts, Julia Letlow, and Mike Collins. Along with an endorsement for Alan Wilson for Governor of South Carolina, the PAC’s social media showcases its launch announcement in its debut post. A real star-studded cast!

Fellowship PAC also endorses the CLARITY Act, proclaiming, “The CLARITY Act brings clear rules, consumer protections, and U.S. leadership in digital assets. Innovation doesn’t wait-Congress shouldn’t either. Pass CLARITY now,” the PAC wrote on Jan. 23, 2026. They sure know how to craft a rallying cry!

As for whether the PAC’s purported war chest will eventually make an appearance in FEC filings, we shall simply have to await the next quarterly report due around mid-April or July 2026. Until then, Fellowship PAC’s complete donor list and total fundraising remain tantalizingly undisclosed, hanging in the air like a fine mist of intrigue.

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2026-04-13 01:27