Add as a preferred source on GoogleBlumenthal Sets Jan. 4 Deadline for Binance, Tether and Trump Family Crypto Firms
The requests cover illicit crypto use and Trump family ventures. The new Congress convenes one day before the deadline, when Blumenthal is expected to gain subpoena power.
Sen. Richard Blumenthal has asked Binance, Tether, World Liberty Financial and Fight Fight Fight LLC to provide records and information by Jan. 4, 2027, as part of Senate investigations into illicit crypto use and Trump family ventures.
Blumenthal, the ranking minority member of the Senate Permanent Subcommittee on Investigations, is expected to become the panel’s chair when the new Congress convenes Jan. 3. He is also expected to gain subpoena power at that point, one day before the deadline.
The Binance and Tether inquiries concern illicit cryptocurrency use and dealings between the Trump administration and crypto companies. A separate inquiry concerns the Trump family’s crypto businesses, including World Liberty Financial and Fight Fight Fight.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.