Follow UsSenate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family Profits
Bearish-0.05%
9 Oct, 18:46
Source: Decrypt
AI Summary
A U.S. senator is demanding transparency from Cantor Fitzgerald regarding its financial ties to Tether and the profits of Commerce Secretary Howard Lutnick's family, raising regulatory scrutiny over stablecoin operations.
Sen. Richard Blumenthal wants Cantor Fitzgerald to open its records on Tether and on how much Commerce Secretary Howard Lutnick's family has earned from its business deal.