{"id":81820,"date":"2026-04-17T01:46:34","date_gmt":"2026-04-17T01:46:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=81820"},"modified":"2026-04-17T01:46:34","modified_gmt":"2026-04-17T01:46:34","slug":"crypto-pac-linked-to-tether-secures-11m-from-financial-institutions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=81820","title":{"rendered":"Crypto PAC Linked To Tether Secures $11M From Financial Institutions"},"content":{"rendered":"<div>\n<p>A marketing firm co-founded by former White House crypto adviser Bo Hines received $3 million from a political action committee run by associates of stablecoin giant <a href=\"https:\/\/tether.to\/\" target=\"_blank\" rel=\"noopener nofollow\">Tether<\/a> \u2014 money that flowed from the same PAC now disclosing millions in donations from two major financial institutions.<\/p>\n<h2>Familiar Faces Behind The Money<\/h2>\n<p>The Fellowship PAC <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00915181\/1963591\/\" target=\"_blank\" rel=\"noopener nofollow\">filed documents<\/a> Wednesday with the US Federal Election Commission showing it received $10 million from <a href=\"https:\/\/news.bloomberglaw.com\/banking-law\/cantor-fitzgerald-gives-10-million-to-tether-led-crypto-pac\" target=\"_blank\" rel=\"noopener nofollow\">Cantor Fitzgerald<\/a> and $1 million from Anchor Labs, the parent company of crypto bank Anchorage Digital.<\/p>\n<p>Both <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-15\/cantor-fitzgerald-gives-10-million-to-tether-led-crypto-pac\" target=\"_blank\" rel=\"noopener nofollow\">contributions<\/a> were made in January 2026. The <a href=\"https:\/\/www.opensecrets.org\/political-action-committees-pacs\/what-is-a-pac\" target=\"_blank\" rel=\"noopener nofollow\">PAC<\/a> is led by Tether\u2019s head of government affairs, and its treasurer, Mitchell Nobel, has served as Cantor Fitzgerald\u2019s director of digital asset strategy since August 2025 \u2014 roughly the same time Fellowship registered with the FEC. That means the PAC\u2019s biggest donor and its top financial officer share an employer.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-676650\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?resize=1024%2C275\" alt=\"\" width=\"1024\" height=\"275\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=1562 1562w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/04\/a_6e8680.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Hines, who also holds the title of Tether US CEO, co-founded the Nxum Group, the marketing company that received the $3 million in \u201cissue advocacy advertising\u201d spending. His dual role \u2014 private sector executive and former government official \u2014 puts him at the center of a web of financial relationships that connects the PAC\u2019s spending directly back to Tether\u2019s orbit.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Crypto\u2019s new $11M PAC has booked millions in ads with a firm founded by Tether\u2019s CEO, signaling strategic growth! <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f4c8.png\" alt=\"\ud83d\udcc8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2014 Bitcoin Dino <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f996.png\" alt=\"\ud83e\udd96\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@bitcoindinos) <a href=\"https:\/\/twitter.com\/bitcoindinos\/status\/2044510811587285209?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">April 15, 2026<\/a><\/p>\n<\/blockquote>\n<p>Anchorage had previously signaled its political ambitions. Reports indicate the company announced in March that it would join Chainlink to back the Blockchain Leadership Fund, a separate hybrid PAC that can contribute directly to candidates.<\/p>\n<p>An Anchorage spokesperson said at the time the company planned a \u201cmeaningful contribution\u201d to be reported to the FEC. As of Wednesday, no such filing had appeared publicly.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/piMDoYXd\/\" width=\"1634\" height=\"951\"><\/p>\n<h2>A Gap Between Claims And Disclosures<\/h2>\n<p>When Fellowship launched in September 2025, it announced it had secured \u201cover $100 million\u201d from backers aligned with the <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">crypto<\/a> industry. FEC records told a different story. No contributions above $200 were recorded between August 7 and December 31, 2025.<\/p>\n<p>The $11 million now disclosed covers January 2026 <a href=\"https:\/\/bitcoinist.com\/crypto-backed-super-pac-launches-midterm-election-endorsements-push\/\" target=\"_blank\" rel=\"noopener \">contributions<\/a>. It is a fraction of the nine-figure figure the PAC originally touted.<\/p>\n<p>Whether additional large donations are still in the pipeline remains unclear. FEC filings operate on set reporting windows, meaning contributions made after March 31 would not yet be required to appear in public records.<\/p>\n<p>Targeting Key Races Ahead Of May Primaries<\/p>\n<p>The PAC has already begun spending in targeted congressional contests. Reports say Fellowship put $1.5 million toward media buys supporting Republican candidates in Georgia\u2019s 14th Congressional District and in US Senate races in Nebraska and Kentucky. All three states are scheduled to hold party primaries in May.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A marketing firm co-founded by former White House crypto adviser Bo Hines received $3 million from a political action committee run by associates of stablecoin giant Tether \u2014 money that flowed from the same PAC now disclosing millions in donations from two major financial institutions. Familiar Faces Behind The Money The Fellowship PAC filed documents [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-81820","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/81820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81820"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/81820\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}