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Senator Blumenthal probes ties between Tether and Cantor Fitzgerald

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Senate Democrat probes Cantor Fitzgerald over Tether ties and $250M Lutnick windfall

Senator Richard Blumenthal demanded records on Cantor Fitzgerald's partnership with Tether, questioning the firm's ties to the stablecoin issuer and Commerce Secretary Howard Lutnick's reported $250 million windfall from the relationship.

Oct 8, 2026·4 sourcesCongressCrypto regulationStablecoin regulationStablecoinsCrypto lobbyingTether Iran sanctions scrutinyUS Senate
Senate Democrat probes Cantor Fitzgerald over Tether ties and $250M Lutnick windfall
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Other sources for this story

Cointelegraph

Cantor Faces Senate Scrutiny Over Tether, Lutnick Ties

CoinDesk

Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether

Cryptopolitan

Senate Democrat probes Cantor Fitzgerald over Tether ties and $250M Lutnick windfall - Cryptopolitan