Last year, the Commodity Futures Trading Commission overruled its enforcement attorneys and killed a separate inquiry into whether the Trump-tied company was illegally serving U.S. customers.
The Commodity Futures Trading Commission purged its ranks, dialed back its enforcement and boosted industries in which President Trump’s family is heavily invested.
The decision to settle the court action is particularly striking because the defendant was accused of a serious violation of securities laws. He denied the charges.
Justin Sun, founder of the crypto platform TRON, on his way to the White House for a private tour last year. Mr. Sun threw Mr. Trump’s fledgling crypto company a cash lifeline at a time when it was struggling.
Anmelden
