Sources and docs: while Bo Hines helped craft the crypto-friendly Genius Act, he had a 33% stake in consulting firm Nxum, which received millions from Tether (Sam Kessler/Wall Street Journal)
Sam Kessler / Wall Street Journal:
Sources and docs: while Bo Hines helped craft the crypto-friendly Genius Act, he had a 33% stake in consulting firm Nxum, which received millions from Tether — Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation.