Lummis, Hill push for ‘swift’ DOJ action against Binance, Tether 

Senator Cynthia Lummis and Rep. French Hill penned a letter to US Department of Justice Attorney General Merrick Garland on Thursday.

Hill and Lummis — both of whom have been advocates for crypto — penned the letter following reports that Hamas, and “bad actors,” used Tether and Binance.

Israeli authorities reportedly asked Binance to shutter around 100 accounts tied to Hamas. Tether froze 32 addresses controlled by both Hamas and “Russian-linked entities.” 

The letter cites a report from the Wall Street Journal which is facing controversy after Elliptic — the blockchain analysis firm named in the WSJ report, refuted the figures cited in the article.

The two asked Garland…

Read more on Blockworks

65K Reads