U.S. lawmakers today urged the Department of Justice to press ahead with an investigation into Binance and Tether to see if the crypto giants have helped facilitate funding to Hamas.
In a letter, Sen. Cynthia Lummis (R-WY) and Rep. French Hill (R-AR) asked on Thursday that the DOJ “reach a charging decision on Binance that reflects their level of culpability and expeditiously conclude your investigations into the ongoing illicit activities involving Tether.”
The letter comes after the Wall Street Journal reported that Hamas used Binance accounts and the Tether stablecoin to finance its attack on Israel earlier this month. Blockchain data firm Elliptic has since said that the WSJ’s reporting was inaccurate.
