Tether Payments Reportedly Traced to Bo Hines’ Firm Through a Marketing Middleman
By Unchained
AI summary of the source article
Consulting firm Nxum, co-owned by former White House digital assets adviser Bo Hines, reportedly received about $6.3 million under a marketing deal with Tether. Hines allegedly advocated for an extended compliance timeline under the GENIUS Act before joining Tether.
Key facts
- Nxum reportedly took in approximately $6.3 million under a Tether marketing contract routed initially through middleman firm Notorious.
- Bo Hines held a one-third stake in Nxum while leading the White House digital assets council, later leaving government to join Tether.
- Hines reportedly pushed lawmakers to extend the GENIUS Act compliance window from 18 to 36 months, with Tether being the main beneficiary.
Source excerpt · Unchained
Tether's payments reportedly began in May 2025 while Hines led the White House stablecoin effort, with the first one going to an intermediary's marketing company. The post Tether Payments Reportedly Traced to Bo Hines’ Firm Through a Marketing Middleman appeared first on Unchained .