Reported about 8 hours ago
Howard Lutnick, a prominent figure in finance and adviser to Donald Trump, is significantly involved with Tether, a major player in the cryptocurrency market owned by Giancarlo Devasini. As Trump transitions into office, Lutnick is expected to leverage his influence to support Tether amid regulatory challenges, particularly given the company’s ongoing investigations for potential misconduct. The relationship has deepened recently as Cantor Fitzgerald, Lutnick's firm, has significant financial ties to Tether, raising questions about potential conflicts of interest in overseeing emerging crypto regulations.
Source: YAHOO