The crypto political action committee Fellowship PAC, which pledged 100 million dollars, has no actual funds yet; Tether denies any association.
ChainCatcher reported that the crypto industry super political action committee named Fellowship PAC made a high-profile announcement last September to raise 100 million USD for the 2026 US midterm elections, and there were reports suggesting a possible connection with Tether. However, according to the latest disclosure documents from the Federal Election Commission, the committee currently has zero funds on its books and has not actually raised or spent any money. A Tether spokesperson stated this week that Tether International has no affiliation or supervisory relationship with Fellowship.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Piper Sandler lowers General Mills target price to $35
Major Crypto ETFs Bled $1.5 Billion While Wall Street Went Dip Shopping
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"
"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.
Crypto prices
More
