Blumenthal Crypto Probe Sets January 4 Deadline for Binance and Tether

The Blumenthal Crypto Probe has set a January 4, 2027, deadline for Binance, Tether, World Liberty Financial, and Fight Fight Fight LLC to provide records sought by the U.S. Senate. Senator Richard Blumenthal warned that continued noncooperation could prompt the Permanent Subcommittee on Investigations to consider other measures. Blumenthal’s office announced the follow-up letters on November 5, identifying the four companies among recipients in ongoing inquiries. The requests cover alleged illicit cryptocurrency use and dealings between crypto firms and the Trump administration, alongside potential ethics and legal concerns involving businesses connected to the Trump family.