Senate Democrat Questions Cantor Fitzgerald’s Tether Links
Cantor Fitzgerald faces questions from a Senate Democrat after investigators alleged that Tether’s USDT plays a significant role in Iran’s shadow banking.
A Senate Democrat has sent a letter raising questions about Cantor Fitzgerald’s ties to stablecoin issuer Tether, according to Cointelegraph.
The inquiry comes after Democratic investigators released a report last month examining the alleged use of Tether’s USDT in Iran’s shadow banking network.
The investigators characterized USDT as an important tool for that network. The allegation provides the backdrop to the questions directed at Cantor Fitzgerald.
Source: Cointelegraph
