#法国比特币战略储备计划 Bitcoin, Ethereum and Binance Coin related news: PANews recently reported that Tether CEO Paolo Ardoino revealed Fairshake has become a puppet tool of a certain company, but he did not specify which company. It is reported that the committee has invested $133 million in the 2024 election season to support political candidates who hold a friendly attitude towards Crypto Assets.

According to U.S. law, only businesses registered in the United States are eligible to make donations to U.S. political activities. In response to this requirement, Tether has developed a plan to establish a physical presence in the United States by the end of 2025, which will be led by former cryptocurrency affairs official Bo Hines.

It is worth noting that over the past year, several political action committees focused on Republican candidates have been established one after another. One of these committees has close ties to Cantor Fitzgerald, which has maintained a close working relationship with Tether and is currently led by Howard Lutnick, who served as Secretary of Commerce during the Trump administration.

Ardoino further stated that Tether is still negotiating with various political action committees to formulate future political strategy layouts.