( June 5, 2026, 19:59 GMT | Official Statement) — MLex Summary: US Senator Richard Blumenthal, the ranking member of the Permanent Subcommittee on Investigations, wrote a letter to Tether Chief Executive Officer Paolo Ardoino demanding records and information related to the company’s apparent failure to prevent illicit use by sanctioned entities, terrorist organizations, and other money laundering schemes associated with Iran and Russia.Statement follows below. Document attached….
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.
