Cantor Fitzgerald — the firm previously run by Commerce Secretary Howard Lutnick, now controlled by his sons, and which also custodies the reserves for offshore stablecoin issuer Tether — put $10 million into a Republican-focused crypto super PAC led by a Tether executive.

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Commerce Secretary Howard Lutnick’s old firm pumps $10 million into super PAC led by Tether executive

Cantor Fitzgerald, the Lutnick-tied financial services firm that owns a stake in and custodies reserves for the stablecoin issuer, is bankrolling a super PAC led by a Tether executive.

^{Molly White (Citation Needed)}