

Tron founder Justin Sun plans to discuss reconciliation with the SEC! Maybe related to Trump's cryptocurrency project WLFI
Mar 03, 2025 pm 11:57 PMThe Securities and Exchange Commission (SEC) and Tron founder Justin Sun reached an agreement on February 26 to apply to the U.S. federal court for a suspension of the lawsuit, seeking a 60-day suspension. If approved by the court, the parties will submit a joint report explaining the progress and initiate settlement negotiations.
Trump administration changes its position, SEC slows down the pace of cryptocurrency litigation
Since President Trump took office, the SEC has successively suspended or revoked lawsuits against well-known exchanges such as Binance, Coinbase, Gemini, NFT platforms such as OpenSea, online brokers such as Robinhood Crypto, and decentralized exchanges such as Uniswap.
Trump promised to relax cryptocurrency regulations during his campaign and positioned the United States as a "global cryptocurrency center." Sources revealed that the SEC is currently prioritizing expiring crypto cases and may also suspend lawsuits against Kraken and Ripple in the future, with court deadlines for the two cases being at the end of March and mid-April, respectively.
SEC previously accused Justin Sun of illegal transactions and questioned his jurisdiction
In March 2023, the SEC sued Justin Sun and his three companies, including the Tron Foundation, the BitTorrent Foundation and Rainberry Inc. The SEC accused Justin Sun of illegally selling unregistered securities through issuing TRX and BTT tokens and manipulating prices through false transactions in the secondary market.
Yuchen Sun then filed a motion to revoke the lawsuit, saying that the SEC lacks jurisdiction because the relevant transactions mainly occurred outside the United States. But the SEC refuted that Justin Sun had "frequent visits to the United States", so the U.S. court has jurisdiction.
Yuchen Sun's investment in Trump's encryption project WLFI may affect the litigation results
It is worth noting that Justin Sun is the largest investor in Trump's crypto project World Liberty Financial (WLFI) and serves as the project's chief consultant, with a $75 million investment, including $30 million in November last year and $45 million in the previous month.
In view of the significant adjustment of cryptocurrency regulatory policies after the Trump administration took office, the SEC has successively suspended or revoked lawsuits against many companies. Justin Sun's investment is closely related to the interests of Trump's camp, which may further prompt the SEC to eventually withdraw the lawsuit.
The above is the detailed content of Tron founder Justin Sun plans to discuss reconciliation with the SEC! Maybe related to Trump's cryptocurrency project WLFI. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

There is no legal virtual currency platform in mainland China. 1. According to the notice issued by the People's Bank of China and other departments, all business activities related to virtual currency in the country are illegal; 2. Users should pay attention to the compliance and reliability of the platform, such as holding a mainstream national regulatory license, having a strong security technology and risk control system, an open and transparent operation history, a clear asset reserve certificate and a good market reputation; 3. The relationship between the user and the platform is between the service provider and the user, and based on the user agreement, it clarifies the rights and obligations of both parties, fee standards, risk warnings, account management and dispute resolution methods; 4. The platform mainly plays the role of a transaction matcher, asset custodian and information service provider, and does not assume investment responsibilities; 5. Be sure to read the user agreement carefully before using the platform to enhance yourself

Whether NALA coins are worth buying requires a comprehensive evaluation of project technology, team strength and market performance. It is suitable for investors with strong risk tolerance in the short term. At the same time, in July, we recommend paying attention to mainstream coins such as Bitcoin, Ethereum and currencies with complete ecosystems with innovative applications. ①NALA currency has strong community support and technological innovation, and the project ecology is gradually improved; ② There may be large fluctuations in the short term, which is suitable for investors with certain risk tolerance; ③ The project team continues to promote the implementation of application scenarios, which is conducive to the stability and growth of currency values; ④ It is necessary to pay attention to the overall market environment and the performance of competitive currency, and formulate investment plans rationally; ⑤ In July, we recommend buying mainstream coins such as Bitcoin (BTC), Ethereum (ETH) and other currencies with mature market foundation and high security;

?As a stable digital asset pegged to the US dollar, USDT's value conversion and monetization are issues that many users are concerned about. This article will introduce the value composition of USDT in detail and provide practical tutorials on value conversion and monetization in mainland China. 1 USDT's cash value is approximately equal to the real-time dollar exchange rate, but the final delivery price through C2C trading will fluctuate slightly. The core of conversion is to select a merchant with good reputation and appropriate price to trade through the C2C function of a reliable platform.

Bitcoin halving affects the price of currency through four aspects: enhancing scarcity, pushing up production costs, stimulating market psychological expectations and changing supply and demand relationships; 1. Enhanced scarcity: halving reduces the supply of new currency and increases the value of scarcity; 2. Increased production costs: miners' income decreases, and higher coin prices need to maintain operation; 3. Market psychological expectations: Bull market expectations are formed before halving, attracting capital inflows; 4. Change in supply and demand relationship: When demand is stable or growing, supply and demand push up prices.

Whether PEPE coins are worth buying depends on the project's technical background, market performance and ecological construction, and are suitable for investors with strong risk tolerance. 1.PEPE coins are community-driven, with high activity but high volatility; 2. Team technical support and innovation determine long-term development; 3. Trading volume and liquidity affect market experience. PEPE coins that may soar in 2025 include: 1. Projects with rich ecology and clear application scenarios; 2. Projects with hot topics such as NFT and DeFi and strong innovation; 3. Projects with active community and complete governance mechanisms; 4. Projects with cross-chain support and multi-platform listing. Rational judgment and risk control are the key to successful investment.

To view the latest price and real-time updates of ETH, you can use the following mainstream platforms: 1. Binance provides real-time price, historical data and market rankings; 2. OKX supports multi-language interface and displays trading volume and market depth; 3. Huobi provides transaction data such as K-line charts and depth charts; 4. Coinbase displays price trends and historical data; 5. Gate.io interface is friendly and suitable for beginners. It is recommended to obtain accurate and secure information through official and well-known platforms to assist investment decisions.

The latest price of Dogecoin can be queried in real time through a variety of mainstream APPs and platforms. It is recommended to use stable and fully functional APPs such as Binance, OKX, Huobi, etc., to support real-time price updates and transaction operations; mainstream platforms such as Binance, OKX, Huobi, Gate.io and Bitget also provide authoritative data portals, covering multiple transaction pairs and having professional analysis tools. It is recommended to obtain information through official and well-known platforms to ensure data accuracy and security.

Bitcoin’s long-term price trend between 2026 and 2030 will be mainly affected by four core factors. 1. Global macro liquidity, especially Fed interest rate policy, inflation data and economic growth expectations, a loose environment is usually beneficial to BTC; 2. The reduction in supply and market expectations brought about by the halving cycle in 2028 may drive price increases; 3. The clarification of the regulatory framework, especially the introduction of compliance paths and approval of financial products in major economies, is the basis of a long-term bull market; 4. The depth and breadth of institutional adoption, including corporate asset allocation, financial institution service expansion and payment application progress, marks the transition of BTC to mainstream assets; in addition, technological developments such as the maturity of Lightning networks and network security status will also support its value.