Skip to main content
2 min read
◆ Mixed look for BlumenthalForeign PolicyTechnology / Privacy

Senate Report Calls Tether a Lifeline for Iran’s Sanctions Evasion

Blumenthal released a report alleging that Tether’s USDT is used in Iran-linked sanctions evasion.

Senate Report Calls Tether a Lifeline for Iran’s Sanctions Evasion
Image · cryptonews.net

SOURCE CHECK

TAP FOR WHY
Outlet credibilitycryptonews.netNOT RATED
This article1 analysis · Oct 3, 2026

Credibility rates cryptonews.net, where this article appeared. The other scores rate the article itself.

Cites Blockchainreporter

This article cites Blockchainreporter as its original publisher. ChamberLight has not verified that it is a republication, so the scores are cryptonews.net's own.

cryptonews.netcites Blockchainreporter
Sep 28, 2026
tl;dr

Sen. Richard Blumenthal released a report alleging that Tether’s USDT is widely used in Iran-linked sanctions evasion and said he would refer its findings for investigation. Tether disputed the report’s characterization and cited its cooperation with law enforcement.

Community verdict

10 VOTES
How does this story look for
Richard Blumenthal D · CT · SEN
● OPEN

People in this story

SWIPE →
Richard Blumenthal
D · CT · SEN

Senator who released the subcommittee report and said he would refer its findings for investigation

PRIMARY SUBJECT
Howard Lutnick
R · Secretary of Commerce

Commerce secretary mentioned in connection with Cantor Fitzgerald’s Tether stake

Part of a bigger story

7 OUTLETS
Blumenthal-Led Senate Report Alleges Tether Use in Iran Sanctions Evasion

Outlets agree that Richard Blumenthal led a Senate report alleging Tether’s USDT was used in Iran-linked sanctions evasion. Blumenthal called for federal investigations. Left-leaning outlets connect the allegations to Tether’s ties involving Howard Lutnick and broader political or financing networks; center outlets focus on the report’s findings and Tether’s response.

Discussion · 0

What's your take?

Loading comments…