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News Comes As Trump White House Recoils at Conflict-of-Interest Language in Bipartisan Crypto Regulation Bill

Washington D.C. – Reportedly, “crypto billionaire Justin Sun’s digital asset platform Tron is set to go public in the US” just four months after Trump administration regulators paused a federal fraud case against Sun following his $75 million purchase of tokens offered by Trump crypto venture World Liberty Financial Inc. (WLFI). President Trump’s son, Eric, is “expected to take up a role at the company.” Government watchdog Accountable.US called the development the unsurprising result of the President’s open door corruption policy through his growing family crypto ventures that are loosely regulated and ethically fraught. 

Meanwhile, it was separately reported that the Trump White House is rejecting proposed language installing conflict-of-interest guardrails for senior political figures as part of the CLARITY Act, a bipartisan crypto market regulation bill. 

“Justin Sun continues to enjoy the perks of buying influence with the Trump family,” said Accountable.US Executive Director Tony Carrk. “When the Trump administration backed off a fraud investigation after the Chinese crypto billionaire paid a $75 million tribute to the Trump family, it bulldozed a path for this Sun’s TRON to be legitimized on Wall Street. Sun has continued to funnel so much money into Trump family crypto ventures that it’s led to a red-carpet White House tour and a partnership with the President’s son. What will Sun’s dealings with the Trump family buy him from the Trump administration next, and what will it cost American working people? There’s clearly a reason why the Trump White House is so resistant to bipartisan efforts to install basic guardrails against our leaders cultivating crypto conflicts of interests that could hurt the public interest – which is why lawmakers should insist on it.” 

TRON’s expected IPO comes on the heels of Justin Sun’s appearance at the $TRUMP coin competition gala at Donald Trump’s golf course last month, an event that widely alarmed ethics experts for facilitating open corruption and foreign influence while potentially undermining our national security. An analysis from Accountable.US found that among the $TRUMP coin holders on the final competition ‘Leaderboard,’ fully 80 percent – 20 of the top 25 – interacted with crypto platforms not allowed In the U.S., suggesting they are not U.S.-based or are circumventing U.S. rules. Sun himself confirmed Accountable.US’ findings that he is in fact the #1 holder of the $TRUMP meme coin. 

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