US senator calls for anti-corruption provisions in crypto bills
Senator Elizabeth Warren pointed to the SEC’s recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption.
Massachusetts Senator Elizabeth Warren, one of the more outspoken voices in Congress often connecting cryptocurrencies to illicit activities, slammed the US Securities and Exchange Commission’s settlement with Tron founder Justin Sun.
In a Thursday notice, Warren accused the SEC of “giving a free pass” to Sun after he “poured $90 million” in crypto investments tied to US President Donald Trump and his family.
Sun has invested millions of dollars through token purchases in the Trump family’s crypto platform, World Liberty Financial, and the SEC settled an unrelated case against the Tron founder and his companies for $10 million.
