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House Democrats bombard SEC chair over Justin Sun, Trump crypto activities – Ledger Insights

House Democrats bombard SEC chair over Justin Sun, Trump crypto activities – Ledger Insights

Eight Democrats relentlessly posed questions to SEC Chair Paul Atkins about crypto and Trump family investments during a House Financial Services Committee hearing yesterday. A key topic was the fraud case against Justin Sun, founder of the TRON blockchain. In early 2025, the SEC stayed its case against him and the TRON Foundation, including allegations of wash trading involving the TRX token.

“While you’re exploring a potential resolution, Mr Sun has been busy ingratiating himself within Trump’s orbit. He has invested over $75 million in the World Liberty Financial token and is a top holder of the $Trump meme coin,” said Committee Ranking Member Maxine Waters. “Just last week a person verified to be Mr Sun’s ex…

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