The post Report: Pro-Crypto Super PAC Tied to Tether Spends $300K on Georgia House Race – Bitcoin News appeared on BitcoinEthereumNews.com.

Key Takeaways: Fellowship PAC filed its first FEC expenditure on April 8, 2026, directing $300,000 to Nxum Group LLC for advertising. The ad buy backed Clay Fuller in GA-14, but the PAC’s pledged $100M has not appeared in any FEC contribution filings. Jesse Spiro became Fellowship PAC chairman on April 1, 2026, deepening Tether U.S. ties ahead of the November midterms. Tether-Connected PAC Backs Clay Fuller in GA-14 With $300K Ad Spend Fellowship PAC filed a 24/48 Hour Report of Independent Expenditures with the Federal Election Commission (FEC) on April 8, 2026, marking its first disclosed spending since forming in 2025. The latest expenditure news was first reported on by Coindesk author Jesse Hamilton on Sunday. The $300,000 payment went to Nxum Group LLC, based in Dover, Del., for advertising purposes. The disbursement was made on April 6, and the ad reportedly ran publicly on April 7. The filing was signed by PAC treasurer Mitchell Nobel. The ad supported Clay Fuller, a Republican running for U.S. House in Georgia’s 14th Congressional District. Fuller is a Trump-backed candidate who recently won a special election to succeed former Rep. Marjorie Taylor Greene. Fellowship PAC had not publicly announced the buy or added Fuller to its endorsement list at the time of filing. The vendor at the center of the disclosure carries its own set of ties. Nxum Group LLC was co-founded by Bo Hines, who serves as CEO of Tether U.S. and previously advised the Trump administration on crypto policy, along with his father, Todd Hines, and a third partner. Crypto America journalist Eleanor Terrett reported on Spiro being named on April 1, 2026. Fellowship PAC’s own leadership structure runs through Tether’s U.S. operations. On April 1, 2026, Jesse Spiro, Vice President of Regulatory Affairs and Head of Government Affairs at Tether…

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Filed under: News - @ April 12, 2026 10:27 pm