{"id":588502,"date":"2026-04-23T22:53:48","date_gmt":"2026-04-23T22:53:48","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/crypto-aligned-fellowship-pac-bets-big-on-texas-senate-race\/"},"modified":"2026-04-23T22:53:48","modified_gmt":"2026-04-23T22:53:48","slug":"crypto-aligned-fellowship-pac-bets-big-on-texas-senate-race","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/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><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 General 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 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><a href=\"https:\/\/conpletus.cointelegraph.com\/news\/fellowship-pac-crypto-texas-senate-race\">Read more<\/a><\/p>","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, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-588502","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/588502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=588502"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/588502\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=588502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=588502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=588502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}