The $100 million cryptocurrency political donation committee Fellowship PAC has no actual funds, and Tether denies any association.

ZkProver · 2026-02-26T01:53:58+00:00

Fellowship PAC announced raising $100 million for the 2026 U.S. midterm elections, but as of the latest disclosure, its on-hand funds are zero. Tether stated that it has no affiliation with the committee.

ZkProver

2026-02-26 01:53:58

Abstract generation in progress

ChainCatcher reports that the crypto industry super PAC called Fellowship PAC announced last September that it would raise $100 million for the 2026 U.S. midterm elections. There are reports suggesting a possible connection to Tether, but according to the latest Federal Election Commission disclosure, the committee has zero funds on hand and has not actually raised or spent any money. A Tether spokesperson stated this week that Tether International has no affiliation or oversight relationship with Fellowship.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.