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Regulation

Senate crypto investigation gives four firms until Jan. 4, 2027, to hand over records

Image: The Cryptonomist

Sen. Richard Blumenthal has set January 4, 2027 , as the deadline for Binance, Tether, World Liberty Financial and Fight Fight Fight LLC to hand over records for ongoing Senate crypto investigations. The demand comes ahead of his scheduled move to chair the Senate Permanent Subcommittee on Investigations in January 2027, when he will have subpoena powers. Blumenthal currently leads the panel’s Democratic minority. He warned that failure to meet the deadline would prompt the subcommittee to consider other enforcement options. His investigations focus on illicit cryptocurrency activity, possible conflicts of interest, and financial ties between the Trump administration and crypto companies. Senate crypto investigations span wallet activity and political ties The Binance inquiry began in February 2026 . The exchange rejected the allegations in March, calling them false.

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