Binance, Tether and Trump crypto firms face Senate records deadline

Binance, Tether and Trump crypto firms face Senate records deadline

Summary

Senator Richard Blumenthal gave Binance, Tether, World Liberty Financial and Fight Fight Fight LLC until Jan. 4, 2027, to provide records requested in Senate investigations, with initial production requested by Nov. 30. He warned the subcommittee may use other measures, including its authority to subpoena records, if the firms do not comply. The inquiries concern possible conflicts involving Donald Trump’s crypto ventures, a reported investment in World Liberty Financial, Binance transactions allegedly linked to sanctioned entities, and Tether’s use by sanctioned actors and dealings with a former White House crypto adviser. Binance and Tether have disputed aspects of the allegations; the companies did not respond to requests for comment before publication.