CryptoCointelegraphabout 2 hours ago
Senator probes Tether over crypto adviser deal
3 min read
US Senator Richard Blumenthal requested records from Tether CEO Paolo Ardoino regarding a reported $6.3 million deal with Nxum. The probe targets alleged coordination between the stablecoin issuer and former White House adviser Bo Hines concerning stablecoin legislation. This investigation follows reports of Trump administration ties to crypto firms and could impact the 2026 midterm elections.
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