TechFlow News, March 6: According to DLNews, the U.S. Securities and Exchange Commission (SEC) has dropped all charges against Justin Sun, founder of TRON, in exchange for a $10 million settlement. Democratic Senator Elizabeth Warren swiftly criticized the move, accusing Sun of receiving a “reward” after investing over $90 million in Trump’s crypto-related initiatives, and angrily stating that “the SEC should not serve as a lapdog for Trump’s billionaire friends.” This case marks the latest in a wave of SEC enforcement actions against cryptocurrency firms being withdrawn or settled since Trump’s return to the White House—cases involving Coinbase, Ripple, Kraken, and others have likewise been dismissed or resolved.
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