According to FinanceFeeds, Senator Richard Blumenthal issued follow-up letters on November 5 to Binance, Tether, World Liberty Financial and Fight Fight Fight LLC, setting January 4, 2027 as the final deadline for voluntary record production. Companies were instructed to begin producing documents by November 30. Blumenthal, the incoming chair of the Senate Permanent Subcommittee on Investigations, warned that failure to comply would result in consideration of alternative measures, including potential subpoenas. The timing aligns with the new Congress convening on January 3, when Blumenthal assumes chairmanship and gains enhanced authority to pursue document requests.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.