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Tether Paid $6.3 Million to Firm Co-Owned by Ex-White House Crypto Chief Bo Hines

COINOTAG·October 15, 2026·1 min read
Tether Paid $6.3 Million to Firm Co-Owned by Ex-White House Crypto Chief Bo Hines

Tether paid about $6.3 million to Nxum, a firm co-owned by ex-White House crypto official Bo Hines, before he joined Tether in 2025, according to an investigation. The payment raises questions about potential conflicts of interest involving a former government official and the stablecoin issuer.

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