SEC Charges Tron and Founder Justin Sun for Fraud and Securities Law Violations
Eight celebrities including Lindsay Lohan and Jake Paul were also charged for illegally touting Sun’s crypto asset securities.
Tron’s TRX Plummets 11% After U.S. SEC Sues Justin Sun For Securities Violations
The United States Securities and Exchange Commission (SEC) on Wednesday charged Tron founder Justin Sun and three of his firms, including digital asset network company Tron Foundation for market manipulation, fraud, and airdropping unlicensed securities to investors.
Crypto Morning Briefing: French Lawmakers Agree to Ban Crypto Influencer Promotions
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges; Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon; Binance Announces Arbitrum (ARB) Perpetual Contract Launch
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges
The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation.
Crypto Morning Briefing: U.S. IRS Seeks to Tax NFTs Like Other Collectibles
Magic Eden, Solana's Largest NFT Marketplace, Adds Bitcoin Ordinals Support for On-Chain Media Storage; Sony Files Patent For NFTs To Allow Transfers Between Games and Consoles; Google Releases Bard AI, Its ChatGPT Counterpart; Justin Sun Welcomes Hong Kong’s Extended Support to the VA Industry
Justin Sun Welcomes Hong Kong’s Extended Support to the VA Industry
Hong Kong is confident of becoming a hub for the virtual asset sphere in the coming years. What brings this confidence is the role that the government of Hong Kong has assumed over the recent months amid the rise in the adoption of Web3 technologies and applications. This is evident from the speech delivered by Christopher Hui, the Secretary for Financial Services & the Treasury.
UBS Completes Credit Suisse Deal for $2B Following Offer From Justin Sun
UBS Group has agreed to purchase the ailing Switzerland-based bank Credit Suisse for $2 billion, according to a report from Associated Press on March 19.The two banks, both based in Switzerland, are considered rivals. Previously, UBS Group offered to buy Credit Suisse for the smaller amount of $1 billion.
Crypto Evening Briefing: Crypto-Friendly Signature Bank Probed by U.S. DOJ Before Its Collapse
Signature Bank was reportedly the subject of a probe by the United States Department of Justice earlier this week.
Justin Sun-Related Wallet Made Over $3M From USDC Depeg
On-chain investigator Lookonchain reported that a wallet “possibly” connected to Tron founder Justin Sun made $3.3 million from USD Coin (USDC) March 11 depeg.
Tron Founder Justin Sun Withdrew 82M USDC From Aave and Exchanged Them for 82M DAI
Justin Sun has withdrawn approximately 82 million USDC from Aave Protocol V2 and exchanged them for 82 million DAI.
