Chinese cryptocurrency entrepreneur Justin Sun has reached a US$10 million settlement to resolve a US Securities and Exchange Commission civil fraud case over his trading activity.
Thursday’s settlement requires court approval, with the payment made by one of Sun’s companies.
It came as US President Donald Trump pushes to make the United States a global hub for the cryptocurrency industry.
Sun and his companies did not admit or deny wrongdoing, the SEC said in a letter to US District Judge…
Crypto billionaire Justin Sun settles US fraud case for US$10 million
