The demand by a US senator to initiate criminal proceedings against Binance and Tether has generated new controversy in the crypto world.

What is the matter?

     US Senator Cynthia Lummis has urged the US Justice Department to initiate criminal proceedings against Binance and Tether for letting Hamas use crypto, citing reports by the Wall Street Journal and the Financial Times.

Controversy in the crypto world

     Cynthia Lummis is a pro-crypto politician, so many people are taking her side in the understanding of politics. But due to the strong hold of Binance and Tether on the crypto world, the controversy started by an American politician is being considered as a protest against the crypto industry.

Could Coinbase and USDC be the reason?

     A section of the crypto world is believing that Coinbase may be behind this demand of Cynthia Lummis, Lummis is asking Binance for the sake of Coinbase for exchange in the US, and weakening Tether (USDT) for the sake of Coinbase's stablecoin USDC. Wants.