Tether co-founder Brock Pierce donated $1.1 million to a Super PAC supporting Eric Adams just days before the former New York City mayor dropped out of the race, and then defended him at a press conference. Pierce announced the launch of the "Draft Eric Back" campaign, refused to issue refunds, and criticized Adams's advisors while urging political opponents to unite against other candidates. The Bitcoin billionaire, known for his protests during the 2020 presidential campaign, continues to make eccentric political moves despite investment failures.