JANUARY 4, 2027, ONE DAY AFTER POWER CHANGES HANDS
Blumenthal sent letters to four parties: Binance, Tether, World Liberty Financial, and Fight Fight Fight LLC, the issuer of the TRUMP memecoin.
The deadline is January 4, 2027, one day after Democrats officially take control of the Senate. Not an administrative date. After that, its authority shifts from requesting to compelling.
The most serious issue for Binance: Blumenthal says they haven’t handed over a single document, even though the first request was sent in February and Binance responded in March.
Responding to allegations and providing evidence are two different things. A response can be written on paper. Documents can’t.
For Tether, the issue is the use of USDT by sanctioned entities and its ties to Nxum, Bo Hines’s firm. Tether says it froze nearly $550 million worth of Iran-related tokens throughout 2026.
Both things can be true at the same time.
Follow @paksambo_ for cases like this before they become big news.
Blumenthal sent letters to four parties: Binance, Tether, World Liberty Financial, and Fight Fight Fight LLC, the issuer of the TRUMP memecoin.
The deadline is January 4, 2027, one day after Democrats officially take control of the Senate. Not an administrative date. After that, its authority shifts from requesting to compelling.
The most serious issue for Binance: Blumenthal says they haven’t handed over a single document, even though the first request was sent in February and Binance responded in March.
Responding to allegations and providing evidence are two different things. A response can be written on paper. Documents can’t.
For Tether, the issue is the use of USDT by sanctioned entities and its ties to Nxum, Bo Hines’s firm. Tether says it froze nearly $550 million worth of Iran-related tokens throughout 2026.
Both things can be true at the same time.
Follow @paksambo_ for cases like this before they become big news.
