Tether CEO's firm receives PAC ad buy

A Super PAC with ties to Tether, the stablecoin issuer, has made its inaugural advertising purchase from Nxum Group. This firm was co-founded by Bo Hines, who also leads Tether's U.S. operations and previously advised former President Donald Trump. The PAC, known as The Fellowship PAC, allocated $300,000 to Nxum Group for its services. This transaction marks a significant early move for the political action committee, potentially signaling its intent to influence political discourse related to the cryptocurrency industry and its key players.