{"id":723535,"date":"2026-04-24T02:45:13","date_gmt":"2026-04-23T23:45:13","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/crypto-aligned-fellowship-pac-bets-big-on-texas-senate-race\/"},"modified":"2026-04-24T02:45:13","modified_gmt":"2026-04-23T23:45:13","slug":"crypto-aligned-fellowship-pac-bets-big-on-texas-senate-race","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-aligned-fellowship-pac-bets-big-on-texas-senate-race\/","title":{"rendered":"Crypto-aligned Fellowship PAC bets big on Texas Senate race"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGJiYmItYWU3Mi03NGJjLWJlOTQtNmI0MDc0ZTVlNWZhLmpwZw==.jpg\" alt=\"Crypto-aligned Fellowship PAC bets big on Texas Senate race\" class=\"type:primaryImage\"><\/p>\n<p>The Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Ken Paxton, facing Senator John Cornyn in a May runoff.<\/p>\n<p>The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether\u2019s head of government affairs, reported spending more than $3 million on advertising related to US Senate races, with the majority going toward to support a Texas Republican candidate.<\/p>\n<p>In a Tuesday filing with the US Federal Election Commission (FEC), Fellowship PAC <a rel=\"nofollow\" target=\"_blank\" title=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00915181\/1970572\/se\" href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00915181\/1970572\/se\" target=\"_blank\" rel=\"nofollow noopener\">disclosed<\/a> that it had spent $1.75 million in support of Texas Attorney General Ken Paxton. The Republican is facing off against incumbent Senator John Cornyn in a May 26 runoff to determine who will become the party\u2019s candidate for the 2026 US Senate race.<\/p>\n<p>In addition to Paxton, the PAC reported spending $350,000 on advertising for Mike Collins in Georgia\u2019s Senate race, $350,000 on Barry Moore in Alabama\u2019s Senate race, and $250,000 and $350,000 on Blake Miguez and Julia Letlow, respectively, for House and Senate races in Louisiana. All expenditures went through the Nxum Group, a marketing company co-founded by former White House crypto adviser and Tether US CEO Bo Hines.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/fellowship-pac-crypto-texas-senate-race?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fellowship PAC disclosed that it had spent $1.75 million in support of Texas Attorney General Ken Paxton, facing Senator John Cornyn in a May runoff. The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether\u2019s head of government affairs, reported spending more than $3 million on advertising related to US Senate races,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":723536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/payload.cointelegraph.com\/api\/article-covers\/file\/HI-Blockchain-voting-is-the-alternative-for-trusted-democratic-elections.jpg?prefix=media%2Farticle-covers","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-723535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/723535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=723535"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/723535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/723536"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=723535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=723535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=723535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}