Senator Cynthia Lummis and Representative French Hill have written to the Department of Justice urging them to conclude their investigations and make a decision on whether Binance and Tether should face criminal charges for their possible involvement in aiding Hamas. The lawmakers emphasized the importance of holding bad actors accountable for facilitating illicit activity, even if the reported level of funding is inaccurate. Lummis and Hill, who are both advocates for reasonable regulation of crypto, alleged that Binance and Tether knowingly allowed their platforms to be used by terrorist organizations. Binance and Tether have not yet commented on the matter.
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U.S. lawmakers urge DOJ to conclude investigations on Binance and Tether's possible aid to Hamas
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