The Fellowship PAC, a pro-Trump crypto political action committee, has failed to deliver on its $100 million funding pledge for the 2026 U.S. elections. Despite a high-profile announcement last September, the PAC has not received any funds, according to Federal Election Commission records. The PAC, which aimed to support pro-crypto candidates, remains inactive with no financial backing. The Fellowship PAC had initially suggested a significant new influence in digital assets politics, with rumored backing from Tether, though the company has denied any involvement. The PAC's lack of transparency and funding contrasts with the established Fairshake super PAC, which has $193 million and is actively supporting pro-crypto candidates for upcoming elections.