Could Blumenthal’s Trump Crypto Probe Shake Bitcoin? Four Firms Face Jan. 4 Deadline

• Blumenthal gave four crypto firms until Jan. 4, 2027, to submit Senate probe records.
• Democrats cite ethics, foreign influence and illicit finance in Trump-linked crypto probes.
• Bitcoin rebounded from $75,600 to $78,300 as TRUMP fell 7.1% and WLFI slid 5%.

Sen. Richard Blumenthal has given Binance, Tether, World Liberty Financial and Fight Fight Fight LLC until January 4, 2027, to provide records for Senate investigations.

He warned that the Senate Permanent Subcommittee on Investigations (PSI) may consider other measures if they fail to comply. Blumenthal is expected to chair the panel when the new Congress convenes in January.

Why Democrats Are Examining Trump’s Crypto Ventures

Blumenthal’s stated concerns involve possible conflicts of interest, foreign influence and alleged illicit finance. In May 2025, he opened an inquiry into World Liberty Financial…

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