深潮TechFlow
深潮TechFlow|Apr 12, 2026 13:13
The first advertising expenditure of Tether's association with Super PAC flows to Tether's US CEO, Lianchuang Company, raising questions about its interest affiliation On April 12th, according to CoinDesk, the Super PAC Fellowship, which is associated with Tether, submitted documents to the Federal Election Commission (FEC) showing that its first $300000 expenditure went to Nyum Group, which was co founded by Tether's US CEO and former Trump administration crypto advisor Bo Hines, his father Todd Hines, and third-party partners. This expenditure is used to purchase campaign ads for Clay Fuller, the Republican candidate for the House of Representatives in Georgia, around the time when Fuller won the special election and succeeded Marjorie Taylor Greene as the representative. It is worth noting that Fellowship has neither publicly announced this expenditure nor included Fuller in its public endorsement list. Fellowship appointed Jesse Spiro, Vice President of Regulatory Affairs at Tether in the United States, as the committee chairman on April 1st this year, officially returning to the political stage. When the committee announced its establishment last year, it received a promised total of $100 million in funding support, but its FEC disclosure documents currently show zero account balance and related donations have not been made public. Tether International responded that it has no affiliation or regulatory relationship with Fellowship PAC, while Tether USA did not comment. At the level of interest linkage, Michael Beckel of Issue One, a political reform agency, stated that it is not illegal for Super PAC to pay founder affiliated companies under US campaign finance rules, provided that the services are truly provided and the rates are in line with market prices. Mitchell Nobel, the financial director of Fellowship, currently works at Cantor Fitzgerald, a company responsible for managing the assets of Tether's global business. His former chairman was Howard Lutnick, the current Secretary of Commerce. At present, the expenditure scale of Fellowship still lags far behind that of Super PAC Fairshake, the leader in the cryptocurrency industry. Fairshake has invested millions of dollars in multiple primaries, while Fellowship currently supports almost all candidates from Deep Red State Republicans.
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