
Nxum Group
Fellowship PAC's ad-buying LLC co-founded by Bo Hines; routed $3M+ in crypto-funded independent expenditures.
Last refreshed: 19 May 2026 · Appears in 1 active topic
How does Nxum Group's ad-buying structure keep crypto donor money one step removed from FEC scrutiny?
Timeline for Nxum Group
Crypto PAC pulls Paxton ad under GOP pressure
US Midterms 2026What is Nxum Group and how does it relate to Fellowship PAC?
Why was the Fellowship PAC Paxton ad pulled?
How much has Fellowship PAC spent through Nxum Group in 2026?
Background
Nxum Group is the limited liability company co-founded by Bo Hines that serves as the ad-buying vehicle for Fellowship PAC's independent expenditures in the 2026 election cycle. The structure routes crypto-funded political spending through a separate entity positioned between Fellowship PAC's disclosed donors and the actual advertising market. Nxum handled the logistics of the $1.75 million independent expenditure supporting Ken Paxton in the Texas Republican Senate runoff — the filing that was subsequently amended to remove the buy after pressure from Trump adviser Chris LaCivita and the NRSC. The ads never aired.
Fellowship PAC has routed more than $3 million in independent expenditures through Nxum Group in the current cycle. The use of an ad-buying LLC as an intermediary is a common campaign finance structure but has received increased scrutiny as crypto-funded PACs have grown in scale. The Paxton IE withdrawal illustrates both the reach of these structures — a $1.75M buy was filed and ready to run — and their vulnerability to informal party pressure.
Nxum Group's role is the operational layer between the PAC's crypto donors (notably Tether, whose US CEO is Hines) and the television and digital advertising markets. It allows Fellowship PAC to negotiate media contracts and place ads without those transactions appearing directly on the PAC's FEC filings.