#cantor-fitzgerald - the daily grind

BREAKING

Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●Oct 1Two Appeals Courts Just Said Kalshi Sports Bets Are Gambling. The CFTC, Run by One Man, Is Rewriting the Dictionary So They Aren't.●Sep 30Two Weeks After Its Engineers Were Charged Over HYPE Perps, Robinhood Says It Will Sell HYPE Perps to Every American●Sep 29Senate Investigators Checked 846 Sanctioned Iran Wallets. 84% of Them Ran on Tether●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●Oct 1Two Appeals Courts Just Said Kalshi Sports Bets Are Gambling. The CFTC, Run by One Man, Is Rewriting the Dictionary So They Aren't.●Sep 30Two Weeks After Its Engineers Were Charged Over HYPE Perps, Robinhood Says It Will Sell HYPE Perps to Every American●Sep 29Senate Investigators Checked 846 Sanctioned Iran Wallets. 84% of Them Ran on Tether●

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#cantor-fitzgerald

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Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts

Oct 9, 2026 · 4 min read

Sen. Richard Blumenthal, the top Democrat on the Senate's Permanent Subcommittee on Investigations, sent Cantor chairman Brandon Lutnick a letter on October 8 demanding records on the firm's Tether ties. He alleges Cantor's 5% stake rose in estimated value from $600 million to $10 billion after Trump returned to office, and that Commerce Secretary Howard Lutnick received more than $250 million in that period. Cantor has until October 23 to respond.