What is Fellowship PAC and who funds it?

Fellowship PAC, tied to Tether, raised $11M by April 2026—including $10M from Cantor Fitzgerald and $1M from Anchor Labs. Aimed for $100M total to influence midterms.

Did the crypto PAC really spend $1.75M on Ken Paxton?

No—the FEC filing listed it, but no ads ran. GOP calls to Lutnick helped confirm the reversal.

How much did crypto spend in 2024 elections?

Roughly $120-130M total, with Fairshake alone dropping $40M to unseat Sen. Sherrod Brown.

🌍 Global Trade & Tariffs

[Scoop] GOP Calls Lutnick to Kill Crypto PAC's $1.75M Paxton Bet

What happens when a crypto PAC tied to Howard Lutnick's past empire picks the 'wrong' side in a Texas Senate showdown? GOP brass picked up the phone—fast.

Supply Chain Beat Apr 24, 2026 4 min read

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Howard Lutnick phone call graphic with GOP and crypto PAC icons over Texas map

⚡ Key Takeaways

GOP leaders called Howard Lutnick to reverse Fellowship PAC's $1.75M Paxton ad filing in Texas runoff. 𝕏
No ads actually ran; filing was a ghost, calming GOP fears by Wednesday. 𝕏
Crypto PACs like Fellowship (Tether/Cantor-backed) eye $100M+ for 2026, echoing 2012 donor fractures. 𝕏

Written by

Ibrahim Samil Ceyisakar

a curious person

#2026-elections #crypto-pac #fellowship-pac #gop-primaries #howard-lutnick #ken-paxton

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Originally reported by Axios Supply Chain

⚡ Key Takeaways

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Ibrahim Samil Ceyisakar

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