U.S. Senator: "SEC must not become Trump's puppet"

Source
JH Kim

Summary

  • Senator Elizabeth Warren said she criticized the SEC’s decision to dismiss its lawsuit involving Justin Sun.
  • Warren said dismissing the case against Tron (TRX) founder Justin Sun raises serious questions about the agency’s independence.
  • She said any digital-asset-related legislation that passes Congress must address the president’s digital-asset-related corruption issues.

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U.S. Senator Elizabeth Warren criticized the Securities and Exchange Commission’s (SEC) decision to drop its lawsuit involving Justin Sun.

According to The Block, a U.S. media outlet specializing in digital assets (cryptocurrencies), Warren said on the 6th (local time) that the SEC’s move to dismiss the case against Tron (TRX) founder Justin Sun raises concerns about the agency’s independence.

“The SEC’s dismissal of the Justin Sun case raises serious questions about the agency’s independence,” she said, adding, “The SEC must not become a puppet for President Trump’s billionaire friends.”

She also stressed that any digital-asset-related legislation that passes Congress must address the president’s digital-asset-related corruption issues.

Photo=Sheila Fitzgerald/Shutterstock
Photo=Sheila Fitzgerald/Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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