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)

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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.

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