as someone with an anxiety disorder who gets bad brain fog during very anxious periods, choosing software engineering and then writing as careers was certainly a series of decisions
When will they learn? The party remains far too solicitous of an industry that’s rewarded their fealty with four years of Trump and untold damage to democracy.
The new Fellowship crypto PAC has filed its first fundraising disclosure. It reports a $10 million contribution from Cantor Fitzgerald (previously headed by Commerce Secretary Howard Lutnick, now controlled by his sons) and $1 million from Anchorage Digital.
The Fellowship PAC launched in September with an announcement that they had $100 million committed. They've recently revealed that the PAC is headed by Tether's head of government affairs Jesse Spiro, and endorsed a slate of Republicans.
Fellowship PAC has made three independent expenditures so far, totalling $1.5M:
i have never clicked "interested" on a Google News push notification except for on this and one other hummingbird migration–related article, and i'm hoping to train the algorithm to only push notify me with hummingbird content
beyond all the crypto stuff, it seems like a red flag that the Fed Chair nominee clearly went through a DAO phase
(Friends With Benefits was big in 2021–2022-ish? and landed a $100M valuation from a16z ll)
My favorite thing about these bogus DMCA takedown requesters is they don't realize Web3 is Going Just Great posts are dated based on the event. In order to backdate this post to look like they published before I did, they supposedly announce this guy's arrest two days before it happened.
In September 2025, a new cryptocurrency super PAC launched, claiming to have $100 million committed.
If true, it would mean the crypto super PACs would have nearly half again as much cash to deploy in the midterms. But their EOY filing showed $0, and I was beginning to wonder if it was a bust.
A week ago, Fellowship PAC announced that Jesse Spiro, head of government affairs at stablecoin company Tether, would be chairing the PAC. Now they've endorsed a slate of Republican candidates, and made their first expenditure ($300,000 in the last moments of Clayton Fuller's successful bid for the special election in GA-14).
It seems like this PAC will indeed be entering the playing field, and potentially dramatically increasing the amount of money in play on behalf of the crypto industry if their earlier claims around funds committed are to be believed. There are a few more days until their quarterly filing is due, at which point we should get more insight into how much money this PAC has on hand and where it's coming from.
Their endorsements so far:
“It’s honestly been eye opening (in a bad way) to see how special interests work in our system” says the Head of Politics at Kalshi, which pays Donald Trump Jr. to sit on its advisory board and has spent over a million in lobbying over the past ~year. The government has just filed a lawsuit to intervene to protect Kalshi from several state regulators.
