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Did a Trump Crypto Adviser Profit From the GENIUS Act? WSJ Report on Bo Hines and Tether

CoinCentral·October 16, 2026·1 min read
Did a Trump Crypto Adviser Profit From the GENIUS Act? WSJ Report on Bo Hines and Tether

The Wall Street Journal reports that Bo Hines kept a one-third stake in Nxum while serving as a White House crypto adviser. Nxum received $6.3 million from a Tether deal, with the first payment made during Hines's government tenure. Hines pushed for a longer compliance window in the GENIUS Act.

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