A Trump crypto adviser’s firm took millions from Tether while he shaped stablecoin rules in their favor, a Senate probe targets Commerce Secretary Lutnick’s not-so-former firm, and crypto’s biggest super PAC plays it safe
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This WSJ investigation exposes yet more Tether-related corruption at the White House, revealing that they paid Bo Hines' consulting firm millions as he was ensuring the Genius Act stablecoin law would benefit them.
Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation. Once the law passed, Tether hired him as its U.S. chief.
The Binance CEO's sentencing draws near, and prosecutors have been busy chasing down other crypto criminals. Also, lawmakers take another stab at stablecoin regulation.