The Senate inquiry seeks information about Cantor Fitzgerald’s financial relationship with the stablecoin issuer and its management of Tether reserves.
Sen. Richard Blumenthal asked Cantor Chairman Brandon Lutnick for records on custody, ownership, compliance controls and family financial arrangements tied to Tether.
Sen. Richard Blumenthal is demanding SEC records over paused crypto cases involving firms like Coinbase and TRON, citing concerns of political interference in enforcement decisions.