#U.S. Senator Blumenthal demands Binance and Tether submit investigation records

About U.S. Senator Blumenthal demands Binance and Tether submit investigation records

On November 9, 2026, U.S. Senator Richard Blumenthal sent letters to Binance, Tether, World Liberty Financial, and the company behind the $TRUMP meme coin, requesting voluntary submission of investigation-related records by January 4, 2027. On the same day, Senator Elizabeth Warren announced she would investigate the Trump family's crypto business and prediction markets in her capacity as Chair of the Senate Banking Committee. It is reported that the related business has already profited at least $2.3 billion. Currently, the investigation is only at the document request stage, with no formal charges or legislative actions yet. The market is assessing the potential impact of U.S. regulatory pressure on stablecoins and exchanges.