WSJ reports Tether sent millions to a firm co-owned by White House Genius Act stablecoin law architect Bo Hines, then hired him as US chief after the law passed.
DeFi & Yields ·
According to reporting, Tether sent millions to Nxum, a firm co-owned by Bo Hines, while he led White House efforts on stablecoin legislation including the Genius Act. After the law passed, Tether hired Hines as its US chief.