Senate Democrat Probes Tether Payments to Ex-White House Crypto Adviser’s Firm
Summary
United States Senator Richard Blumenthal has requested financial records from Tether regarding transactions with a company co-owned by a former White House crypto adviser. The inquiry focuses on payments made to the firm named Nxum.
Sen. Richard Blumenthal demanded Tether’s records on payments to Nxum, a firm co-owned by former White House crypto adviser Bo Hines.
Source: Read the full story at Decrypt
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.