Follow UsSenate Democrat Probes Tether Payments to Ex-White House Crypto Adviser’s Firm
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23 Oct, 20:16
Source: Decrypt
AI Summary
A U.S. senator is demanding financial records from Tether regarding payments made to a firm linked to a former White House crypto adviser, raising regulatory scrutiny concerns for the stablecoin issuer.
Sen. Richard Blumenthal demanded Tether’s records on payments to Nxum, a firm co-owned by former White House crypto adviser Bo Hines.