Mmastodon BusinessCrypto first seen 13 h ago, last 10 h ago, peak #7

White House crypto adviser accused of Tether conflicts over Genius Act

Original: While Hines was leading the WH’s push to pass the # GeniusAct ,🚨Tether *co with the most at stake in the leg—was steerin

David Hines, who led the White House push to pass the Genius Act, is accused of steering policy while holding a stake in a stablecoin business with significant interests in the legislation. He reportedly exchanged Signal messages from the White House and participated in a group chat with business partners about legislative developments. Critics say this raises serious ethics and conflict-of-interest concerns around the crypto bill.

Why now: Allegations of a White House official mixing private crypto business interests with legislative work are fueling fresh controversy over the Genius Act.

David HinesTetherWhite HouseGenius Act

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Evidence

• While Hines was leading the WH’s push to pass the # GeniusAct ,🚨Tether *co with the most at stake in the leg—was steering to a bus he co-owned. He exchanged🚨Signal messages *while in the WH +took part in a grp chat with his co partners *discussed leg devs & relayed GA talking… · KimPerales@toad.social · 7

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