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Tether Paid a Firm Owned by a Former White House Crypto Official, WSJ

Bitcoin.com News·October 15, 2026·1 min read
Tether Paid a Firm Owned by a Former White House Crypto Official, WSJ

A Wall Street Journal investigation alleges that Tether paid approximately $6.3 million to a consulting firm partly owned by Bo Hines while he served as a senior White House cryptocurrency official. Hines helped advance the GENIUS Act, legislation with major implications for Tether, before leaving government to become the stablecoin issuer's U.S. chief executive.

Read at Bitcoin.com News
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