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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)

Money from Tether flowed to Nxum while Bo Hines worked in the White House on landmark stablecoin legislation.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at wsj.com →

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