Sorority PAC, A super PAC powered by cryptocurrency industry money that once heaped praise on Donald Trump is making a surprising U-turn.
When it was founded a year ago, news reports said the Fellowship PAC would focus on supporting Republicans.
Since June, however, the only candidates the Fellowship PAC has spent money on have been Democrats, including those critical of the president’s meme coin, and it is getting help from the firms of former Trump administration officials.
Since June, the only candidates the PAC has spent money supporting are Democrats.
Since this summer, Fellowship PAC has raised $600,000 through a company co-founded by former Trump cryptocurrency adviser Bo Hines to help re-elect New York Rep. Ritchie Torres; New Hampshire Rep. Maggie Goodland; and Virginia Sen. Mark Warner. Democrats are considered crypto allies, and none of them will face competitive elections this fall.
All of those ad dollars were spent through a vendor called Nxum Group, a company co-founded by former Republican congressional candidate and Trump administration official Hines.
Hines did not respond to a request for comment, and it is unclear whether he is personally involved with Nxum Group on behalf of Fellowship PAC. In the 2022 and 2024 congressional races, he has portrayed himself as a “Make America Great Again” follower who loves Trump.
There are strong ties between Hines, Fellowship PAC and one of the largest players in the crypto industry, a stablecoin company called Tether.
Before Trump was elected, Hines was involved in promoting a Trump-themed meme coin that generated millions of dollars for a handful of investors but then plummeted in value. After Trump was elected, the president appointed Hines to serve as chairman of the White House Digital Asset Advisory Council. During this time, Hines helped pass a law creating stablecoin regulations in favor of Tether.
The Wall Street Journal reported last week that Tether was making payments to Nxum Group, a company co-owned by Hynes while he was in the Trump administration. Nxum Group told the news outlet that Hines was not involved in the company’s business dealings with Tether during this period. Hines said in an ethics disclosure in June 2025 that he had only a “passive investment interest” in the company.
Hines left the Trump administration in August 2025, and a month later, Tether announced that he would serve as CEO of its U.S. subsidiary.
Tether also has ties to the Fellowship PAC. The newly formed Fellowship PAC received a $10 million donation from Tether’s U.S. banking company Cantor Fitzgerald in January. In April this year, Fellowship PAC announced that Tether’s vice president of regulatory affairs would serve as its chairman.
Although the PAC caused a stir last year when it launched with claims of a $100 million war chest, the PAC has never reported that much money in official campaign finance disclosures. PAC’s last receipt was in January, and its cash on hand was reduced to $250,000 as of October 14.
Throughout the midterm elections, Fellowship PAC relied heavily on Nxum Group to spend advertising dollars in various congressional races.
The Fellowship PAC spent exclusively on Republicans until its first expenditure in June on behalf of Torres, a Democrat. The spending comes as polls show the Republican Party’s fortunes in the midterm elections are increasingly bleak. Since then, the PAC has spent money specifically on Democratic candidates.
The campaigns of Torres and Warner did not respond to requests for comment. Goodland’s campaign said she had nothing to do with the $150,000 Fellowship PAC spent on digital ads during her campaign. PAC disclosed in the document that the funds were transferred through Nxum Group on August 31.
“Congresswoman Goodland has been one of the strongest advocates in Congress for combating Big Tech and cryptocurrency profiteering and getting dark money out of politics,” her campaign said in a statement. “Like all campaigns, we are legally prohibited from coordinating with such outside groups, so you need to ask them why they are spending money on this campaign.”
PAC did not respond to a request for comment.
Goodland, Torres, and Warner are all rated as strong supporters of the crypto industry on the industry scorecard. Still, all three were critical of Trump’s personal dealings in the industry through his $TRUMP meme coin, which has helped him earn $1.4 billion from cryptocurrency ventures.
Warner recently ran an ad of its own attacking Trump through memes.
“This is not governing. This is bribery,” the Democratic senator said. “Corruption needs to stop.”