The post US Lawmakers Want DOJ to Investigate Binance and Tether! appeared first on Coinpedia Fintech News
Republican lawmakers Cynthia Lummis and French Hill have urged the US Department of Justice to investigate the extent to which crypto firms Binance and Tether might be providing material support to terrorist activities targeting Israel. The lawmakers wrote in a letter on Thursday that they supported quick action by the DOJ to “choke off sources of funding to the terrorists.” Tether has recently frozen addresses controlled by Hamas and Russian-linked entities in Israel and Ukraine, while Binance has been accused of violating federal laws by US regulators. Crypto and distributed ledger technology can “drive responsible innovation,” the lawmakers said.
Source: https://coinpedia.org/crypto-live-news/us-lawmakers-want-doj-to-investigate-binance-and-tether/