Howard Lutnick, a cryptocurrency supporter nominated by Trump for Secretary of Commerce, previously stated that he would resign from Cantor, BGC, and Newmark after Senate approval. Howard Lutnick currently serves as CEO of Cantor and plans to hand over the company's Tether business relationships to a colleague, who is likely to be his son, Brandon Lutnick. Brandon Lutnick previously interned in Tether's Swiss operations and currently works at Cantor. It is said that during his internship in Lugano, he counted gold bars backing the Tether Gold tokens worth $660 million.

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