Senator Questions Tether’s Reported $6M Deal With Bo Hines-Linked Firm
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Sen. Richard Blumenthal is investigating reported Tether payments to a consultancy co-owned by former White House crypto adviser Bo Hines.
Sen. Richard Blumenthal, a Connecticut Democrat, has opened an investigation into Tether’s reported $6 million arrangement with a consulting firm co-owned by Bo Hines, a former White House cryptocurrency adviser.
The inquiry raises questions about possible conflicts of interest and whether the reported payments complied with federal ethics and lobbying rules, according to Bitcoin.com News.
Blumenthal sought information in an Oct. 22 letter addressed to Tether’s chief executive. The supplied report does not detail Tether’s response or establish that any laws were violated.
Source: Bitcoin.com News
