Report: Pro-Crypto Super PAC Tied to Tether Spends $300K on Georgia House Race – Bitcoin News

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 U.S., was named chairman of the PAC. Nobel, the treasurer, is an executive at Cantor Fitzgerald, the firm that custodies Tethers dollar reserves.

Hamiltons report notes that Tether International has stated it has no affiliation with Fellowship PAC. The PAC launched publicly Sept. 15, 2025, announcing more than $100 million in committed funds from undisclosed backers. Despite that pledge, FEC summary data covering Aug. 7 through Dec. 31, 2025, showed zero contributions, zero receipts, and zero cash on hand.

Super PACs are required to disclose contributions over $200. No major donors have appeared in filings to date. The $300,000 outlay is modest relative to what larger crypto PACs have spent in recent election cycles. Fairshake, the industrys best-funded political operation, spent over $130 million in the 2024 cycle. Fellowship PAC has positioned itself as a distinct effort focused on regulatory clarity and U.S. leadership in digital assets.

Since the April 1 leadership change, the PAC‘s X account and website have grown more active. Endorsements include Blake Miguez, Nate Morris, Pete Ricketts, Julia Letlow, and Mike Collins. Besides an endorsement for Alan Wilson for Governor of South Carolina, and the others, the PAC’s social media account showcases its launch announcement in its first post.

Fellowship PAC also endorses the CLARITY Act. The CLARITY Act brings clear rules, consumer protections, and U.S. leadership in digital assets. Innovation doesn‘t wait- Congress shouldn’t e

Whether the PAC‘s reported war chest eventually surfaces in FEC filings will become clearer when the next quarterly report is due around mid-April or in July 2026. Fellowship PAC’s full donor list and total fundraising remain undisclosed pending further filings.