Senate Investigation Targets Cantor Fitzgerald Over Lucrative Tether Partnership and Lutnick Family Ties
WASHINGTON — In a escalating clash between Capitol Hill and the cryptocurrency sector, Senator Richard Blumenthal has launched a formal congressional inquiry into Wall Street heavyweight Cantor Fitzgerald. The investigation focuses intensely on the firm’s deep-seated business relationship with Tether, the issuer of USDT—the world’s dominant dollar-pegged stablecoin that serves as the primary liquidity engine…
