crypto regulation

Justin Sun, founder of Tron, confirmed attendance at a dinner with Donald Trump as the largest holder of MAGA-themed Trump Tokens. His $19.67 million stake aligns with the token’s exclusive perks, including White House access for top holders. Sun’s prior $75 million investment in a Trump-linked asset project could channel up to $56 million to Trump affiliates. Meanwhile, U.S. regulators halted crypto enforcement actions since Trump’s 2024 campaign surge, including an SEC lawsuit against Sun over Tron, now paused. Valued at $8.5 billion, Sun continues blending crypto ventures with political ties amid regulatory scrutiny.