Mmastodon BusinessCrypto first seen 4 d ago, last 2 d ago, peak #7

Senate probe targets crypto ties in Trump orbit

Original: Issue 111 – Back the winners

A new report says a Trump crypto adviser's firm received millions from Tether while he helped shape stablecoin rules, and a Senate probe is examining Commerce Secretary Lutnick's connections to his former firm. Attention is also on crypto's biggest super PAC, which is sticking to safer bets in the midterms.

Why now: New allegations of conflicts of interest between Trump administration officials and the crypto industry are drawing scrutiny.

TetherHoward LutnickTrumpCommerce DepartmentUS Senate

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Evidence

• Issue 111 – Back the winners · Citation Needed

  A Trump crypto adviser’s firm took millions from Tether while he shaped stablecoin rules in their favor, a Senate probe targets Commerce Secretary Lutnick’s not-so-former firm, and crypto’s biggest super PAC plays it safe

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