Last mentioned: 4d ago
Settlement Reached
Court filings reveal a $10 million settlement agreement between Sun's companies and the SEC.
Case Stayed
The SEC puts the Sun case on hold to explore a possible settlement resolution.
Political Shift
Donald Trump inaugurated; SEC begins pivoting toward a more pro-crypto regulatory stance.
SEC Lawsuit Filed
The SEC sues Justin Sun and his companies for fraud and illegal distribution of TRX and BTT tokens.
Crypto mogul Justin Sun and his associated companies have reached a $10 million settlement with the U.S. SEC to resolve a 2023 fraud and market manipulation lawsuit. The deal, which awaits court approval, follows a period of regulatory easing under the Trump administration and Sun's significant investment in a Trump-linked crypto project.
The U.S. Securities and Exchange Commission has issued a one-off regulatory exemption allowing WisdomTree to offer intraday trading for its tokenized Treasury Money Market Digital Fund. This move marks a significant shift from traditional end-of-day mutual fund pricing, potentially accelerating the integration of blockchain technology into mainstream capital markets.