Update
Tether's $6.3 Million Payment to Hines-Linked Firm Raises Questions
Tether paid $6.3 million to Nxum, a firm co-owned by former White House crypto adviser Bo Hines, while he was helping advance federal stablecoin legislation. Nxum's former White House crypto adviser held a one-third stake in the company and pushed to extend the GENIUS Act compliance period.