$USDT : Incoming Senate Investigations Chair Puts Binance, Tether, Trump Crypto Firms on the Clock

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Binance, Tether, World Liberty Financial and the company behind the TRUMP memecoin have until Jan. Right now Blumenthal can’t issue subpoenas, but that power comes with the chair he takes in January.

Tether’s payments to a firm co-founded by Bo Hines are part of the probe. Senator Richard Blumenthal has warned Binance, Tether, World Liberty Financial and Fight Fight Fight LLC, that they have until January 4, 2027 to hand over records for his crypto investigations and that a continued noncooperation could lead to further action.

In letters sent on November 5, Blumenthal stated that none of the four crypto companies furnished any sort of document in 18 months.

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