The US senator calls on the Ministry of Justice to check criminal charges against Binance and Tether

• US Senator Cynthia Lummis asks the Ministry of Justice (DOJ) to complain about the Krypto exchange Binance and the USDT-Medent Tether.
• lummis refers to the role of the two companies in the support of illegal money procurement for terrorism.
• The blockchain security and analysis company Elliptic says that a WSJ report "has shown incorrectly".

The US Justice Ministry should complete its investigation and check crime advertisements against the Krypto exchange Binance and the USDT stable issuer Tether, says US Senator Cynthia Lummis.

Senator Cynthia lummis (r-wy), notes in a Post On

When it comes to illegal finances, the enemy is not cryptocurrencies, but bad actors.

I sent a letter in which I asked the Ministry of Justice to complete his investigation and consider criminal complaints against Binance and Tether, after reports that they acted as an intermediary for Hamas and were involved in illegal activities. pic.twitter.com/m3kgnfkpwc

- Senator Cynthia lummis (@senlummis) 26. October 2023

The letter, which was involved by MP Frenchman French Hill, chairman of the sub-committee for financial services of the House of Representatives, is part of a more comprehensive reaction to a recent report by Wall Street Journal. The claims in the report meant that several legislators assumed that the Hamas had raised millions of dollars of cryptocurrency financing before their attacks on Israel in the early this month.

but how the blockchain analysis company Elliptic found in a blog entry The report published on October 25 is that there is no evidence that Krypto-Fundraising has led to the more than 130 million US dollar, which in Wall Street Journal articles are mentioned. “

elliptic said his data and those of other platforms were "misinterpreted". Brian Armstrong, co -founder and CEO of Coinbase, wondered whether the WSJ would take back or correction.

This is crazy-an inadequate WSJ article (citing evidence of Elliptic) prompted 20 % of the congress to sign a letter. Elliptic has now refuted the evidence in the WSJ article. @WSJ Will you have a correction? https://t.co/sw2eto9ort

- Brian Armstrong 🛡️ (@Brian_armstrong) 26. October 2023