Follow UsCantor Fitzgerald faces Senate Democrat’s probe over Tether ties
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9 Oct, 00:46
Source: Cointelegraph
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Cantor Fitzgerald faces a Senate Democratic probe over alleged ties to Tether's USDT, which investigators claim facilitates Iran's shadow banking network, raising regulatory and reputational risks for both firms.
The letter follows a report by the Democratic investigators last month alleging Tether’s USDT has become a key tool for Iran’s shadow banking network.