Tether Paid $6.3M to Firm Tied to Former Trump Crypto Adviser Bo Hines: Report
The consulting firm co-founded by Hines took in $6.3 million from Tether while he shepherded the stablecoin bill, The Wall Street Journal reported.
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10 Articles
Tether paid $6.3M to firm tied to former Trump crypto adviser Bo Hines: report
Tether has reportedly paid $6.3 million through an arrangement involving a consulting firm co-owned by former White House cryptocurrency adviser Bo Hines, with the first payment arriving while he was helping advance federal stablecoin legislation. According to an October 15…
Trump aide’s firm quietly pocketed millions from crypto giant his law now governs: WSJ
A Trump White House crypto adviser's family business quietly collected millions from a company with everything riding on the law he was shepherding.Bo Hines, who led the Trump administration's push for the Genius Act stablecoin law, kept a one-third stake in his consulting firm Nxum while Tether, the world's largest stablecoin issuer, steered millions of dollars its way, The Wall Street Journal reported Wednesday. Once the law passed, Tether hir…
Tether paid 6.3 million US dollars to a Trump consultant's company. At that time he negotiated the Stablecoin Act. Source: BTC-ECHO BTC-ECHO
Tether paid about $6.3 million to Nxum, the consultant who co-founded Bo Hines. Part of that money came to the firm while Hines worked at the White House, according to a research by The Wall Street Journal published this week. The data matters for two reasons. The first is the size of the actor: the USDT, the stablecoin issued by Tether, a cryptocurrency designed to always be worth a dollar and used daily to move money between platforms, is the …
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