SEC temporarily delays the case, Sun Yuchen swaggering to the US to take a photo with Trump! Private fund partner angrily accuses: This kind of behavior is disgusting.

Recently, the holder party for Trump coin was held on American soil, where the top holder SUN also confirmed to be the founder of the TRON blockchain, Justin Sun. He also attended the banquet in a low-key manner. However, private fund Cinneamhain Ventures partner Adam Cochran pointed out that Justin Sun's arrogant behavior is simply disgusting. He stated that if you vote for Trump because you think he is the "encryption president," the only representation is a scum like Sun.

Only after Brother Sun took on the role of advisor for WLFI was the case temporarily suspended by the SEC.

Private fund Cinneamhain Ventures partner Adam Cochran stated on Twitter that Justin Sun (孫宇晨) has been under investigation by the US Department of Justice (US DoJ) for fraud, money laundering, and theft for many years. His case with the US Securities and Exchange Commission (SEC) was only dismissed after he purchased $75 million worth of Trump $WLFI tokens.

The author adds: The Wall Street Journal reported at the end of February that the SEC proposed to postpone the case with Justin Sun and his three companies for 60 days, but there has been no announcement of a withdrawal of the lawsuit. The SEC sued Sun Yuchen and his three companies in March 2023, accusing them of manipulating the prices of tokens previously issued to the public. The regulator claimed that Sun instructed employees to engage in wash trading, buying and selling tokens among themselves to inflate the trading volume of TRX. At that time, the SEC stated that Sun was suspected of over 600,000 abnormal TRX transactions, which occurred between two trading accounts controlled by him.

Private fund partners: If the investment is for Trump just because he is the encryption president, SUN is the only representative.

Adam Cochran pointed out that although the Department of Justice has not formally dismissed his case or arrest warrant, he dined with the President of the United States on American soil and took photos after purchasing $1 million worth of Trump meme coins. He stated that this behavior is utterly disgusting, and such corrupt actions should be immediately impeached. This vile propaganda makes the industry look like it's all about crime and fraud. He also sternly accused that if you vote for Trump because you think he is the "encryption president", the only representation is scum like SUN.

This article discusses the SEC's postponement of the case, where Sun Yuchen boldly went to the US to take a photo with Trump! A partner from a private fund angrily accuses: Such behavior is just disgusting. First appeared in Chain News ABMedia.