demanding a thorough investigation into Justin Sun's business dealings with the Trump family, particularly regarding potential conflicts of interest and national security risks 🤔 🔒
- *Trump Connection:* Sun invested $75 million in Trump's crypto project, World Liberty Financial (WLF), and attended a private dinner with Trump, raising questions about potential conflicts of interest and the SEC's decision to drop its case against Sun 💸
- *Shell Listing Concerns:* Sun's acquisition of US-listed company SRM Entertainment for $210 million has raised concerns about reverse mergers and potential fraud, with lawmakers demanding more information on the deal 📈
- *Chinese Capital Risks:* The letter highlights concerns about Sun's ties to the Chinese government and potential national security risks, with investigations indicating that 17 out of the top 20 Tron wallets are suspected to be linked to criminal organizations within China 🚫
*What's Next?* 🤔 The SEC is expected to respond to the lawmakers' demands and provide more information on its handling of the Justin Sun case. Will this lead to increased scrutiny of crypto projects and their connections to government officials? 👉 #JustinSun #SEC #CryptoRegulation #NationalSecurity #TransparencyDemanded
