US Senator Richard Blumenthal, incoming chair of the Senate Everlasting Subcommittee on Investigations, issued the warning on 5 November.
The businesses face scrutiny over cryptocurrency actions, alleged monetary misconduct and potential conflicts involving the Trump Administration.
“Please additionally word that failure to voluntarily produce the requested data and knowledge by January 4, 2027, will depart the Subcommittee with no alternative however to contemplate different measures to acquire compliance,” US Senator Richard Blumenthal mentioned in an announcement.
The inquiry examines Binance and Tether’s alleged function in cryptocurrency transactions linked to Iran’s shadow banking community.
Blumenthal additionally questioned whether or not Tether (USDT) supplied monetary help to entities working inside Iran’s shadow banking system.
World Liberty Monetary Inc (WLFI) faces scrutiny over allegations involving overseas investments, authorities ethics and potential authorized violations.
The investigation additionally covers the $TRUMP cryptocurrency, following a Could 2025 inquiry and a July 2026 public discussion board.
The January deadline locations cryptocurrency corporations beneath continued congressional scrutiny over monetary transparency, sanctions compliance and political connections.
