Cantor Fitzgerald donates $10 million to Tether-led Crypto PAC

CoinFeed reported on April 16th, citing Bloomberg, that Wall Street bank Cantor Fitzgerald has donated $10 million to the Tether-led super political action committee, Fellowship PAC. The Fellowship PAC is chaired by Jesse Spiro, Tether's head of government affairs, and digital asset bank Anchorage Digital also donated $1 million to the PAC. Last September, the PAC claimed to have secured over $100 million in funding commitments to support pro-cryptocurrency U.S. political candidates.