‘How a Loan Exposed the Ties Between U.S. Commerce Secretary and Tether’ (Author: Bloomberg, Translated by Foresight News) U.S. Commerce Secretary Howard Lutnick, in compliance with federal ethics regulations, sold his multi-billion-dollar equity in Cantor Fitzgerald to a trust fund benefiting his children in October 2025. Around the same time, one of these trust funds borrowed an undisclosed amount of money from Tether, using all its assets as collateral. The transaction structure included convertible bonds (granting Cantor the right to acquire a 5% equity stake in Tether). Although the company stated that the deal adhered to ethical agreements and control rights were not pledged, experts pointed out that if the loan was used to facilitate the equity transfer, it could undermine the independence of asset divestiture and spark new conflicts of interest. Read the full article: https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=47&id=58690