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Blumenthal Demands Tether Records Over $6.3 Million Paid to Bo Hines’ Firm

Blumenthal Demands Tether Records Over $6.3 Million Paid to Bo Hines’ Firm

Photo: TheCoinrise

The senator is asking Tether to explain payments to a consulting firm co-owned by the former White House crypto adviser Senator Richard Blumenthal has opened an inquiry into Tether, the issuer of the world's largest stablecoin. He wants records detailing roughly $6.3 million in payments allegedly sent to a consulting firm co-owned by Bo Hines. Hines previously served as a crypto adviser inside the White House. The request, reported by multiple outlets covering Washington's crypto policy beat, centers on whether Tether compensated a firm tied to someone who once helped craft federal digital asset policy.

Source: TheCoinrise

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