U.S. Sen. Richard Blumenthal demanded documents from Binance, Tether and two crypto companies linked to President Donald Trump by Jan. 4, 2027. He warned that the Senate Permanent Subcommittee on Investigations may consider compulsory measures if they do not comply voluntarily. The requests are part of investigations into potential conflicts of interest, suspected illegal crypto transactions and compliance with U.S. sanctions and anti-money laundering laws.
The Trump-linked companies are World Liberty Financial and Fight Fight Fight LLC. Senators have raised concerns about a possible conflict involving Binance and World Liberty Financial, but the source says their suspicions are not evidence of wrongdoing. Tether rejected claims that its USDT token is a safe tool for sanctioned entities and said it cooperates with law enforcement.
