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Altcoins & DeFi

Tether’s $6.3M payments to Bo Hines-linked firm raise timeline questions

Image: AMBCrypto

Tether [USDT] doesn't usually stay out of the headlines for too long. This time, the story involves a former White House official. What do we know? Tether paid $6.3M to Bo Hines’ firm Per exclusive reportage from WSJ, Tether sent about $6.3 million to a consulting firm called Nxum. Bo Hines co-founded it, and he owned a third of it the whole time he was in government. Research is based on internal documents and payment records. They shook hands in the summer of 2025. The first payment was, reportedly, while Hines was still at the White House. He was working as the executive director of its digital assets council, which was from January to August 2025.

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