According to newly referenced FEC filings, Tether-linked Fellowship PAC spent its first disclosed $300,000 on Nxum Group for campaign ads supporting Georgia Republican House candidate Clay Fuller. The filings also show the committee named Tether U.S. executive Jesse Spiro as chair on April 1. Despite previously promoting plans to support crypto-friendly candidates with as much as $100 million, the PAC’s reported account balance is now zero.