Tether Executive Steps Into Mysterious $100 Million Crypto PAC Before US Midterms
Regulation
The Fellowship political action committee (PAC) announced Wednesday the appointment of Jesse Spiro, Vice President of Regulatory Affairs at Tether US, as its new Chairman. The news arrives after months of speculation about the PAC’s activity, following its September pledge of $100 million to pro-crypto candidates, though those funds have yet to be deployed. A New Chapter for a Quiet PAC In its statement, Fellowship said Spiro will lead the PAC’s next phase of growth, expanding efforts to support pro-innovation candidates. The move comes as primaries unfold across the country ahead of the November midterm elections
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