Nonprofit Alleges Circle's Stablecoin Ties to Terrorism Financing, Questions Lack of Regulation
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Nonprofit Campaign for Accountability sent letter to Sens. Warren and Brown alleging Circle's links to Tron and money laundering.
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Letter claims Tron tied to terror financing of Palestinian Islamic Jihad, Hamas, and Hezbollah.
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Questions Circle's lack of regulation despite backing by Wall Street firms.
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Highlights $400M of USDC stablecoin in Tron ecosystem.
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Calls for expanding crypto mixer regulations to cover cross-chain protocols and SunSwap DEX.