Binance, a major cryptocurrency exchange, is facing scrutiny from US regulators. The Commodity Futures Trading Commission (CFTC) has brought federal charges against Binance, prompting the exchange to accuse the CFTC of overreach. US Senator Cynthia Lummis has also called on the Department of Justice (DoJ) to criminally charge Binance and Tether, another cryptocurrency, for their alleged involvement in facilitating Hamas funding. Lummis argues that digital assets should not be used by terrorist organizations for financing their activities. Other lawmakers have joined in calling for further investigation into Binance and Tether's possible involvement in illicit finance.
🇺🇸 Senator Cynthia Lummis explains her rationale for advocating that the Department of Justice take action against Binance and Tether over their purported involvement in terrorist financing 👀😮 https://t.co/PvMRKV2HRW
US Lawmakers Ask #DOJ to Consider Criminal Charges Against #Binance and #Tether https://t.co/7JI330rII1
NEW: : 🇺🇸 US Senator Cynthia Lummis calls on DoJ to charge Binance and Tether for allegedly facilitating Hamas funding 🧐 https://t.co/ObZMmVg32l
A pro-crypto senator just sent a letter to the US attorney general to prosecute Binance & Tether, and cited Tethers previous enforcement actions against them. I’m sure legitimate institutionalized investors are tripping their over their shoelaces to buy more Tethers.
ICYMI: Lawmakers call on DOJ to consider charges against Binance, further investigate Tether over possible involvement in illicit finance https://t.co/F156GpFsMO
.@SenLummis is urging the US Department of Justice to prosecute @Binance and @Tether_to. "We’ve got to prevent Hamas, Hezbollah, and other terrorist organisations from using digital assets, using cryptocurrency as a means to finance their activities," she told the Senate Banking… https://t.co/kDcgbbCGfW
JUST IN: 🇺🇸 US Senator Cynthia Lummis asks the Department of Justice to criminally charge #Binance & Tether. https://t.co/zOcjSxknbY
Republican senator Cynthia Lummis (Wyoming and purportedly pro Bitcoin) and congressman French Hill (Arkansas) are proposing to the justice department to go investigate Binance and Tether because of possible TERRORIST ENABLEMENT TO HAMAS. The new anti crypto narrative dropped… https://t.co/D2OJcBSoKC
Republican senator Cynthia Lummis (Wyoming and purportedly pro Bitcoin) and congressman French Hill (Arkansas) are proposing to the justice department to go investigate Binance and Tether because of possible TERRORIST ENABLEMENT TO HAMAS. The new anti crypto narrative dropped… https://t.co/8RKgjMxZYB
.@binance has accused U.S. regulator @CFTC of seeking to police the world as the crypto exchange looks to fight federal charges. @jackschickler reports. https://t.co/BhDAOs7zaX