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#SenBlumenthalProbesCantorFitzgeraldTetherTies

U.S. Senator Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations (PSI), has launched a formal probe into the financial services firm Cantor Fitzgerald regarding its deep-running operational and financial ties to stablecoin issuer Tether (USDT). [1]

The investigation centers on allegations that Tether is being extensively utilized by sanctioned regimes—specifically Iran and Russia—to evade economic penalties and finance illicit operations, while Cantor Fitzgerald profits substantially from managing Tether's reserves. [1, 2]

$PSA.US ,$VIRTUAL ,$VANA

#SenBlumenthalProbesCantorFitzgeraldTetherTies
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