The Senate is getting serious: On November 5, Senator Blumenthal gave Binance, Tether, the Trump family’s World Liberty Financial, and Fight Fight Fight LLC, the issuer of $TRUMP , an ultimatum: start producing records by November 30 and turn over everything by January 4, 2027, or the Senate Permanent Subcommittee on Investigations will consider “other measures”—and subpoenas are in its toolbox. The context is significant: a September Senate report said that 84% of 846 sanctioned or seized Iran-linked wallets used almost exclusively USDT; Tether responded that it had helped freeze about $550 million in Iran-linked funds this year. Democrats take control of the Senate on January 3, and Blumenthal immediately becomes chair of the investigative committee. January 4 wasn’t a date picked at random. #监管 #United States