🛡️ Privacy & Regulation

[Scoop] GOP Calls Lutnick to Kill Crypto PAC's $1.75M Paxton Bet

Picture this: GOP bigwigs dialing Commerce Secretary Howard Lutnick in a frenzy, begging him to yank a $1.75 million crypto PAC bet on Ken Paxton. It reeks of intra-party knife fights—and crypto cash crashing the wrong gate.

Howard Lutnick phone call with GOP officials over crypto PAC Texas ad filing

⚡ Key Takeaways

  • GOP leaders called Howard Lutnick to nix Fellowship PAC's $1.75M Paxton ad filing amid Trump-Cornyn-Paxton tensions. 𝕏
  • No ads ran; filing was a false alarm, but exposed crypto PACs' political greenness. 𝕏
  • Crypto poured $120-130M into 2024 races; 2026 cash flood (Fairshake's $200M) eyes deregulation via targeted bets. 𝕏
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Originally reported by Axios Media Trends

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