Report: Pro-Crypto Super PAC Tied to Tether Spends $300K on Georgia House Race

Key Takeaways:

• Fellowship PAC filed its archetypal FEC expenditure connected April 8, 2026, directing $300,000 to Nxum Group LLC for advertising.
• The advertisement bargain backed Clay Fuller successful GA-14, but the PAC’s pledged $100M has not appeared successful immoderate FEC publication filings.
• Jesse Spiro became Fellowship PAC president connected April 1, 2026, deepening Tether U.S. ties up of the November midterms.

Tether-Connected PAC Backs Clay Fuller successful GA-14 With $300K Ad Spend

Fellowship PAC filed a 24/48 Hour Report of Independent Expenditures with the Federal Election Commission (FEC) connected April 8, 2026, marking its archetypal disclosed spending since forming successful 2025. The latest expenditure quality was archetypal reported connected by Coindesk writer Jesse Hamilton connected Sunday.

The $300,000 outgo went to Nxum Group LLC, based successful Dover, Del., for advertizing purposes. The disbursement was made connected April 6, and the advertisement reportedly ran publically connected April 7. The filing was signed by PAC treasurer Mitchell Nobel.

The advertisement supported Clay Fuller, a Republican moving for U.S. House successful Georgia’s 14th Congressional District. Fuller is simply a Trump-backed campaigner who precocious won a peculiar predetermination to win erstwhile Rep. Marjorie Taylor Greene. Fellowship PAC had not publically announced the bargain oregon added Fuller to its endorsement database astatine the clip of filing.

The vendor astatine the halfway of the disclosure carries its ain acceptable of ties. Nxum Group LLC was co-founded by Bo Hines, who serves arsenic CEO of Tether U.S. and antecedently advised the Trump medication connected crypto policy, on with his father, Todd Hines, and a 3rd partner.

Crypto America writer Eleanor Terrett reported connected Spiro being named connected April 1, 2026.

Fellowship PAC’s ain enactment operation runs done Tether’s U.S. operations. On April 1, 2026, Jesse Spiro, Vice President of Regulatory Affairs and Head of Government Affairs astatine Tether U.S., was named president of the PAC. Nobel, the treasurer, is an enforcement astatine Cantor Fitzgerald, the steadfast that custodies Tether’s dollar reserves.

Hamilton’s study notes that Tether International has stated it has nary affiliation with Fellowship PAC. The PAC launched publically Sept. 15, 2025, announcing much than $100 cardinal successful committed funds from undisclosed backers. Despite that pledge, FEC summary information covering Aug. 7 done Dec. 31, 2025, showed zero contributions, zero receipts, and zero currency connected hand.

Super PACs are required to disclose contributions implicit $200. No large donors person appeared successful filings to date. The $300,000 outlay is humble comparative to what larger crypto PACs person spent successful caller predetermination cycles. Fairshake, the industry’s best-funded governmental operation, spent implicit $130 cardinal successful the 2024 cycle. Fellowship PAC has positioned itself arsenic a chiseled effort focused connected regulatory clarity and U.S. enactment successful integer assets.

Since the April 1 enactment change, the PAC’s X account and website person grown much active. Endorsements see Blake Miguez, Nate Morris, Pete Ricketts, Julia Letlow, and Mike Collins. Besides an endorsement for Alan Wilson for Governor of South Carolina, and the others, the PAC’s societal media relationship showcases its launch announcement successful its archetypal post.

Fellowship PAC besides endorses the CLARITY Act. “The CLARITY Act brings wide rules, user protections, and U.S. enactment successful integer assets. Innovation doesn’t wait- Congress shouldn’t either. Pass CLARITY now,” the PAC wrote connected Jan. 23, 2026.

Whether the PAC’s reported warfare thorax yet surfaces successful FEC filings volition go clearer erstwhile the adjacent quarterly study is owed astir mid-April oregon successful July 2026. Fellowship PAC’s afloat donor database and full fundraising stay undisclosed pending further filings.