Gizmodo – SEC Drops Charges Against Chinese Billionaire After He Pumps $30 Million Into Trump’s Crypto Scheme – Justin Sun is celebrating avoiding a fraud investigation by posting handshake emojis on X. By Matthew Gault Published February 28, 2025 Sun is a Chinese crypto mogul who is most famous for being the guy who paid $6.2 million for a banana duct-taped to a wall. He ate the banana in front of cameras in Hong Kong after the check cleared. That was in November, when the specter of an SEC-led fraud investigation was still hanging over his head. Sun owns several companies, including Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. (formerly BitTorrent). According to an SEC press release from 2023, Sun was allegedly using his companies to wash trade securities, buying them with one company and immediately buying them with another. He also allegedly paid for celebrity endorsements without disclosing the agreement.
Republicans in Congress in particular can’t be let off the hook on this stuff.
Donald Trump OFFERING PARDON if He Gets Part of Convict’s Company! Jesse Dollemore Mar 13, 2025 Jesse talks about reporting from the Wall Street Journal, which exposes private talks between the Trump family and the founder of Binance Changpeng Zhao to give part of the company to the Trumps, all while there is talk of a pardon for the convicted felon.
My letter to reps:
The SEC dropped charges against the Chinese tycoon Justin Sun after he pumped $30 million dollars into Trumpy’s crypto. And now Changpeng Zhao is maybe getting preferential treatment for a pardon because of some business deal? I believe cryptocurrency needs to be outlawed because, among other things, it’s wrapped up in human trafficking and other crimes. Where do you stand on the issue of potential wrongdoing by this Chinese mogul and the Trump administration shielding him?