Senate Democrat probes Tether's U.S. ties with Cantor Fitzgerald

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Senator Richard Blumenthal is investigating the financial partnership between stablecoin issuer Tether and U.S. brokerage firm Cantor Fitzgerald. The inquiry falls under his role on the Senate's investigative subcommittee. This probe occurs as Democrats strengthen their position to potentially regain a Senate majority. The investigation aims to scrutinize the nature and implications of this financial relationship.

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