Minggu, 08 Februari 2026

The Commerce Secretary’s $600 million conflict of interest

 
Katusa Research
 

In 2024, the CEO of Cantor Fitzgerald, one of Wall Street’s oldest bond trading firms, wrote a check for 5% of a cryptocurrency company.

Not Bitcoin.

Not some DeFi startup.

A stablecoin issuer sitting on $184 billion in assets. They’re coming after the WHOLE gold sector.

The kind of company most people have never heard of

But that processes almost as much money daily as Visa.

That man’s name was Howard Lutnick.

Today, Howard Lutnick is the United States Secretary of Commerce.

His son Brandon now controls the Cantor Fitzgerald stake.

The same stake, in the same company is worth roughly $600 million at current valuation.

And on December 12th, 2025, while Lutnick sat in his Commerce Department office, the Office of the Comptroller of the Currency approved national bank-trust charters for five digital finance firms.

For the first time in history, crypto companies can custody digital assets under a single federal charter.

No more fighting 50 state regulators. It’s one door, wide open.

Now… I’m not here to play political pundit.

I don’t care about party affiliation. I care about capital flows.

The dots are connected. Your move.

And when I see the most powerful commercial regulator in America with family ties to a $184 billion company that just got federal banking access…

I don’t ask whether it’s fair.

I ask where the money goes next.

Because that company—Tether—isn’t just sitting on its war chest.

It’s buying gold, physical gold, at over a tonne per week.

And it’s taking control of the small royalty companies that guarantee gold supply for decades.

They’ve already filed activist positions in FOUR Canadian gold companies.

The filings reveal: “Intends to propose changes to ownership structure.”

A company with political air cover at the highest levels of government… $10 billion a year in profit… and a strategic mandate to accumulate gold.

The only question is whether you’re positioned before the rest of the market connects the dots.

I’ve laid out exactly what Tether is building and the three names sitting directly in their crosshairs right here: The Parallel Reserve Report.

Regards,

Marin Katusa

P.S. Political cover is in place, here are the targets.

 
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