Finance3 sources
US Senator Investigates Tether Payments to Ex-White House Crypto Adviser's Firm
- Senator Richard Blumenthal is probing Tether over payments to a firm founded by a former White House crypto adviser.
- The payments were reportedly made to a firm started by Bo Hines, an ex-Trump administration official.
- Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations, seeks records related to the deal.
- The investigation aims to understand the nature and implications of the reported payments.
- Tether's Chief Technology Officer, Paolo Ardoino, has been asked to provide relevant records.