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, 2026, according to a November 9 Jinse Finance report citing Cointelegraph.
Blumenthal warned that if the companies did not voluntarily provide records by January 4, 2027, the Senate Permanent Subcommittee on Investigations would consider other measures. The report did not specify what those measures might be.
Citing Blumenthal’s letter to Binance, the report said the exchange had not yet supplied previously requested records.
What the investigation concerns
Jinse also cited earlier reporting by TechFlow that the inquiry concerned illicit uses of cryptocurrency and dealings involving financial interests between the Trump administration and crypto businesses.
The notice describes an investigative records request—not a finding of wrongdoing—and does not establish the outcome of the inquiry.
Original report published November 9, 2026, at 17:34:15 (UTC+8). Source: Jinse Finance, citing Cointelegraph.