U.S. Senator Elizabeth Warren and Ron Wyden sent a letter to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino to inquire about Tether providing loans to family trusts associated with Lutnick's children, requesting confirmation of any bribery activities; the loan amount is unspecified and may have been used for his children to purchase shares in Cantor Fitzgerald, the senators also expressed concern over Tether's lobbying efforts related to the GENIUS stablecoin bill and past regulatory issues, and currently the Department of Commerce and Tether have not responded. (The Block)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin