Reported about 16 hours ago
Howard Lutnick, President-elect Donald Trump's nominee for Commerce Secretary, has strong ties to Tether, a cryptocurrency increasingly used in illegal activities including financing for groups like the Houthis and North Korea. While Lutnick has defended Tether, concerns remain about its facilitation of crime and its relationship with Lutnick's firm, Cantor Fitzgerald. As Lutnick prepares for Senate confirmation hearings, questions arise regarding his past associations with Tether amidst its ongoing investigations and the illicit use of its tokens by various criminal organizations.
Source: YAHOO