U.S. Senator Richard Blumenthal asked Binance, Tether, World Liberty Financial and Fight Fight Fight LLC to begin submitting records for a Senate investigation by November 30, according to a November 9, 2026, Jinse Finance report citing Cointelegraph.
Blumenthal warned that the Senate Permanent Subcommittee on Investigations would consider other measures if the companies did not voluntarily provide the records by January 4, 2027. The report did not specify what those measures might be.
According to the report, Blumenthal’s letter to Binance said the company had not yet submitted records requested previously.
Jinse also cited earlier reporting by TechFlow that the investigation concerned illicit uses of cryptocurrency and financial dealings between the Trump administration and crypto companies. Those subjects describe the scope of the investigation, not findings of wrongdoing.
Original publication: November 9, 2026, at 17:34:15 (UTC+8).
Source: Jinse Finance’s original report, citing Cointelegraph.