US Senator Probes Tether Over Reported Deal With Nxum
The Senate Permanent Subcommittee on Investigations requested records from Tether concerning a reported deal with Nxum.
The Senate Permanent Subcommittee on Investigations demanded records between Tether and Nxum, the company co-founded by former White House crypto adviser Bo Hines, according to Cointelegraph.
Subcommittee Demands Records
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The Democratic ranking member of the subcommittee asked Tether executive Paolo Ardoino for documentation related to the reported agreement involving the stablecoin issuer and Nxum.
Key facts
- The Senate Permanent Subcommittee on Investigations requested records from Tether.
- The inquiry focuses on a reported deal with Nxum, co-founded by former White House crypto adviser Bo Hines.
- The request was directed to Tether executive Paolo Ardoino.
Source: cointelegraph.com
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