[Fellowship PAC, which pledged $100 million for crypto initiatives, has no actual funds, Tether denies connection] According to Golden Finance, the crypto industry super political action committee named Fellowship PAC made a high-profile announcement last September, stating it would raise $100 million for the 2026 U.S. midterm elections. Reports have suggested a possible connection with Tether, but as of the latest disclosure documents from the Federal Election Commission, the committee's account balance remains zero, with no funds raised or spent. A Tether spokesperson stated this week that Tether International has no connection or oversight relationship with Fellowship PAC.