POLICY19:49 UTC1d ago 1 min readSource: CoinDesk

Crypto's new $11 million PAC booked millions in ads with firm started by Tether US CEO

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Crypto's new $11 million PAC booked millions in ads with firm started by Tether US CEO
Image via CoinDesk

While Tether has been closely associated with the emerging political action committee, the opening funding came from Cantor Fitzgerald and Anchorage Digital.

AI Executive Brief
  • / A new $11 million political action committee (PAC) has booked millions in ads with a firm started by the CEO of Tether US.
  • / Initial funding for the PAC came from Cantor Fitzgerald and Anchorage Digital, not Tether.
  • / The PAC's association with Tether suggests potential influence in crypto-related policy and regulations.

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