Skip to content
Briefings are running a touch slower this week while we rebuild the foundations.See roadmap
Nxum Group
OrganisationUS

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

Key Question

How does Nxum Group's ad-buying structure keep crypto donor money one step removed from FEC scrutiny?

Timeline for Nxum Group

View full timeline →
Common Questions
What is Nxum Group and how does it relate to Fellowship PAC?
Nxum Group is the ad-buying LLC co-founded by Bo Hines that routes Fellowship PAC's independent expenditures. It inserted $3M+ in crypto-funded political spending into the 2026 cycle, including a $1.75M Paxton IE that was filed and then withdrawn after party pressure.Source: Lowdown
Why was the Fellowship PAC Paxton ad pulled?
Fellowship PAC filed a $1.75M IE through Nxum Group supporting Ken Paxton's Texas Senate runoff campaign, then amended the FEC filing to remove the buy after Trump adviser Chris LaCivita and the NRSC applied pressure. The ads never ran.Source: Lowdown
How much has Fellowship PAC spent through Nxum Group in 2026?
Fellowship PAC has routed more than $3 million in independent expenditures through Nxum Group in the 2026 cycle. The $1.75M Paxton IE that was ultimately withdrawn was the largest single planned buy.Source: Lowdown

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.