AiCoin
AiCoin|Mar 09, 2026 04:24
[Justin Sun Reaches $10 Million Settlement with SEC, Trump-Linked Crypto Project Benefits Significantly] On March 5, Justin Sun reached a $10 million settlement with the SEC, ending a civil fraud lawsuit that accused him of profiting $31 million through wash trading and undisclosed celebrity endorsements. The settlement requires court approval and does not constitute an admission of wrongdoing. On the same day, U.S. banking regulators announced that banks holding tokenized securities would not face additional capital requirements. In 2025, the SEC dropped its civil lawsuit against Binance, and Trump pardoned Binance founder Changpeng Zhao. Trump-linked crypto project World Liberty Financial reported revenues of $802 million in the first half of 2025, with stablecoin USD1 circulation reaching approximately $4.4 billion, making it a direct beneficiary in the active crypto market.
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