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Blumenthal probes Tether payments to former White House crypto adviser's firm

First reported Source: CoinDesk + 1 moreLast editorial activity Write a comment ↓
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Senator Richard Blumenthal, the ranking Democrat on the Senate investigations subcommittee, has opened a probe into payments made by Tether to a firm linked to Bo Hines, the former White House crypto adviser, according to CoinDesk.

Inquiry asks Tether and Nxum for records

Blumenthal has added the probe of Hines to a list of crypto matters he is examining. He has asked Tether and Nxum to supply payment records, crypto wallet addresses and lobbying communications, with the documents requested by November.

CoinDesk reported the development. The facts available to WORLDTECH describe the request but do not record any response from Tether or Nxum.

Open questions

  • Will Tether and Nxum provide the requested payment records and lobbying communications by November?
  • What do the documents show about the payments made to Hines's firm?

Key facts

  • Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, has widened his inquiries into crypto to include a former White House crypto adviser.
  • He has asked Tether and Nxum for payment records, crypto wallet addresses and lobbying communications.

Sources & evidence

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