$6.3 million
According to the WSJ’s calculations, that’s how much Nxum earned from its deal with Tether, with a third going to Bo Hines
Hines led the White House’s digital assets council from January to August 2025
the first tranche, $2.49 million, reportedly arrived on May 11, 2025, while he was helping promote the GENIUS Act
WSJ also reports that he pushed to double the law’s transition period to three years. Tether stood to benefit the most
Hines later became CEO of Tether’s U.S. division
what here is a claim, and what are the responses:
- the amount, tranche, and push to extend the period are WSJ claims
- Nxum: Hines did not participate in Tether-related matters while he was in government
- Tether did not respond
There’s no case. But I can’t ignore money and legislation appearing on the same timeline
My stablecoins, including USDT, are in Simple Earn Flexible. I’m not moving them based on the news
What do you think: a normal career move or a conflict of interest?
#Tether #BoHines #GENIUSAct
According to the WSJ’s calculations, that’s how much Nxum earned from its deal with Tether, with a third going to Bo Hines
Hines led the White House’s digital assets council from January to August 2025
the first tranche, $2.49 million, reportedly arrived on May 11, 2025, while he was helping promote the GENIUS Act
WSJ also reports that he pushed to double the law’s transition period to three years. Tether stood to benefit the most
Hines later became CEO of Tether’s U.S. division
what here is a claim, and what are the responses:
- the amount, tranche, and push to extend the period are WSJ claims
- Nxum: Hines did not participate in Tether-related matters while he was in government
- Tether did not respond
There’s no case. But I can’t ignore money and legislation appearing on the same timeline
My stablecoins, including USDT, are in Simple Earn Flexible. I’m not moving them based on the news
What do you think: a normal career move or a conflict of interest?
#Tether #BoHines #GENIUSAct