Bo Hines's move from White House crypto adviser to executive at stablecoin issuer Tether has drawn scrutiny over the overlap between public policymaking and private business interests.
While Hines helped advance legislation governing the industry, consulting firm Nxum, in which he retained a one-third stake, received $6.3 million (£4.7 million) through a business arrangement linked to Tether, according to financial records and communications reported by The Wall Street Journal.
