Trump's top crypto adviser departs
President Trump’s top cryptocurrency adviser is leaving the administration. Patrick Witt, who served as executive director of the president’s council of advisers for digital assets, called his time in the administration “the privilege of a lifetime” late Wednesday and hinted at a move to the private sector. “I’m grateful to have done my part to...
Former White House crypto adviser Bo Hines is under scrutiny for accepting millions from Tether while shaping key stablecoin legislation. The Wall Street Journal reports that a consulting firm Hines co-founded, Nxum, received $6.3 million from Tether to develop a strategic plan. Hines stepped down from managing the firm when he joined the Trump administration but retained a one-third ownership stake.
Tether hired Hines in July 2025 to lead its U.S. division, continuing to pay Nxum millions. This controversy raises questions about potential conflicts of interest between the Trump administration's crypto policies and the personal business interests of the president and his advisers.
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