U.S. Senator Blumenthal Sends Letters to Binance, Tether, and Trump Family Crypto Firms: Comply with Probe by Deadline or Subcommittee Will Seek Other Means

According to a statement on U.S. Senator Richard Blumenthal’s official website, as Ranking Member of the Senate Permanent Subcommittee on Investigations (PSI), Blumenthal has sent letters to Binance, Tether, World Liberty Financial, Fight Fight Fight LLC, and other targets, demanding they submit the requested records and information by January 4, 2027, or the subcommittee will seek other means to ensure their cooperation.The investigation into Binance and Tether covers the illicit use of cryptocurrencies and interactions between the Trump administration and crypto companies; the probe into World Liberty Financial and Fight Fight Fight LLC concerns potential conflicts of interest in the Trump family’s crypto businesses. No final conclusions have been reached in the investigations.