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Senator Probes Tether’s Reported $6M Deal With Firm Tied to Ex-Trump Crypto Advisor

Key Takeaways Sen. Richard Blumenthal is probing Tether’s reported $6.3 million payments to a consulting firm co-owned by former White House crypto adviser Bo Hines. Blumenthal raised concerns that Hines may have influenced stablecoin legislation benefiting Tether while retaining an ownership stake in the firm. Blumenthal requested contracts, payment records, and communications from Tether and…

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