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blockchainOct 15, 2026AI summary

WSJ: Tether Payments Went to Hines-Linked Firm During White House Tenure

Edited by Steinar Vigdel Kolnes, Editor, Oslo

The Wall Street Journal reported that Nxum earned $6.3 million from a Tether arrangement, while a firm representative denied Hines received those funds in government.

WSJ: Tether Payments Went to Hines-Linked Firm During White House Tenure

Tether directed payments to a firm linked to Hines during his White House tenure, according to a Wall Street Journal report cited by The Defiant.

The Journal reported that the firm, Nxum, earned $6.3 million through the arrangement.

A representative for Nxum said Hines did not receive any funds originating from Tether while serving in government, distinguishing the firm's earnings from payments to Hines personally.

Source: The Defiant

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