What it means is: This guy took Tether's money to write stablecoin legislation?! WSJ revealed today: Former White House crypto advisor Bo Hines, during the promotion of the GENIUS Act, had a company called Nxum (in which he held about 1/3 ownership) receive over $6 million from Tether. The act was signed in July last year, he left the White House in August, and by September, he became the head of Tether's U.S. stablecoin operations.