SEC pauses Justin Sun investigation after $75M Trump investment
SEC put fraud case against crypto mogul Justin Sun on hold after he invested $75 million in Trump’s World Liberty Financial project. Original lawsuit charged Sun with selling unregistered securities and market manipulation of Tronix token. Trump family reportedly earned up to $56 million (75% of proceeds) from Sun’s investment, raising conflict of interest concerns over enforcement relief.
Key Actors
Sources (4)
- A crypto mogul who invested millions into Trump coins is getting a reprieve on civil fraud charges (2025-02-28)
- Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture (2024-11-26)
- Trump's World Liberty Financial gets $30 million from Justin Sun (2024-11-25)
- Meet the man — once sued by the SEC — who won the crypto contest to have dinner with the president (2025-01-21)
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