ChainCatcher news: The crypto industry super PAC called Fellowship PAC announced last September that it would raise $100 million for the 2026 U.S. midterm elections. There have been reports suggesting a possible connection to Tether, but according to the latest Federal Election Commission disclosure documents, the committee has zero funds on hand and has not actually raised or spent any money. A Tether spokesperson stated this week that Tether International has no affiliation or oversight relationship with Fellowship.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
February crypto startups raised $883 million, down 13% year-over-year
In February, crypto startups received approximately $883 million in venture capital, down about 13% compared to the same period last year. Investors are now more focused on project revenue, user scale, and sustainability, with investment strategies becoming more cautious. Future attention will be on stablecoins, AI agents, and compliance tools.
GateNews25m ago
Tether freezes $4.2 billion USD Tether related to illegal activities
Tether has frozen approximately $4.2 billion in USDT related to illegal activities, with $3.5 billion this year alone. They also collaborated with the U.S. Department of Justice to freeze $61 million linked to large-scale crypto fraud. USDT's circulating supply has surpassed $180 billion, reinforcing its status as the largest stablecoin. Tether can remotely freeze tokens at law enforcement's request to aid investigations and curb financial crime.
TapChiBitcoin1h ago
The largest on-chain gold transaction in nearly three weeks: Tether transfers 28,723 XAUT to Abraxas
Recently, on-chain analyst Ai Yi detected the largest single transaction in nearly three weeks for the gold token XAUT, transferring 28,723 XAUT from Tether's treasury to Abraxas Capital in the UK, valued at $151 million. Abraxas Capital is an important institutional client of Tether.
GateNews2h ago
Tether Freezes $4.2 Billion in USDT Across Law Enforcement Actions Targeting Illicit Activity
Tether, the El Salvador-based issuer of the world's largest dollar-pegged stablecoin, has frozen approximately $4.2 billion worth of its USDT tokens in connection with illicit activity, with $3.5 billion of that total occurring since 2023, according to company disclosures.
CryptopulseElite2h ago
USDT, Computing Power, and Agent: Tether's AI Financial System Experiment
Written by: Yokiiiya
A friend sent me a website a couple of days ago, which is a wallet development tool aimed at developers.
If you only think of Tether as a stablecoin company, this page might seem a bit "cross-industry." So I followed WDK further and found QVAC (local)
TechubNews2h ago
Tether assists U.S. Department of Justice in freezing $61 million in "pig butchering" scam funds, exposing $4.2 billion in criminal freezes
Tether announced on February 27 that it has frozen approximately $4.2 billion worth of cryptocurrency tokens, mainly due to involvement in "illegal activities." The freeze includes $61 million of USDT related to "pig butchering" scams. As a stablecoin issuer, Tether has the ability to remotely freeze specific wallets, demonstrating its centralized nature. Research indicates that cryptocurrency money laundering activities are rapidly increasing, and FATF has called for strengthened regulation to address the associated challenges.
MarketWhisper3h ago
