Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm
Photo: Unchained
The ranking member of the Senate’s investigations subcommittee gave Tether and Nxum until early November to turn over contracts, payment details and messages tied to the firm co-founded by Tether’s U.S. chief. Sen. Richard Blumenthal (D-Conn.), the ranking member of the Senate Permanent Subcommittee on Investigations , demanded records on Oct. 22 from Tether and from Nxum Group , a consulting firm co-founded by former White House crypto official Bo Hines . The request covers millions of dollars Tether reportedly paid the firm while Hines was working on stablecoin policy.
Source: Unchained
