Q1 2023 Sees The SEC Double Down On Enforcement Actions In The Crypto Space

2023 has already seen the Securities and Exchange Commission (SEC) swinging into enforcement action within the crypto space. With Q1 2023 almost over, the SEC has charged several individuals and crypto companies over crypto asset securities-related offences.

Timeline of Bittorrent-new, Tron, Terrausd-wormhole

Led by “his excellency” Justin Sun, Tron [TRX] has struggled to become a high-ranking cryptocurrency per its price. Moreso, the cryptocurrency had not been able to significantly pull itself out of anguish lately, despite its high market capitalization.

The United States Securities and Exchange Commission (SEC) has charged Tron blockchain founder Justin Sun, affiliated companies, and eight other celebrities over claims of promoting “unregistered securities” and manipulating the market. U.S.

The Tron network has successfully maintained consistent growth in key areas of its operations. The same goes for new weekly milestones and the latest report suggests that it upheld the positive narrative last week.

Justin Sun, the founder of Tron Foundation, responded to a Securities and Exchange Commission complaint which states that he was allegedly engaging in “manipulative trading and unlawful promotion of crypto asset securities." What Happened:  Sun, in a tweet on Wednesday, said the SEC's civil complaint is the “latest example of actions it has taken against well-known players in the blockchain and crypto space.

Justin Sun, the founder of the decentralized exchange platform Tron, has come lashing out at the SEC after the securities regulator sued him for selling TRX and BTT tokens as unregistered securities. This development comes on the same day as the US SEC issued Wells Notice to crypto exchange Coinbase.

Justin Sun, the founder of the Huobi crypto exchange, made an offer to acquire Credit Suisse AG (NYSE: CS) for $1.5 billion. What Happened: Sun wrote in a series of tweets on March 19: “I would like to propose my own offer of $1.5 billion to acquire Credit Suisse and integrate it into the Web3.0 world.

In a recent statement, Justin Sun, the founder of Tron, expressed his view that UBS's bid for Credit Suisse was insufficient. Instead, he proposed his own offer of $1.5 billion to acquire the bank and integrate it into the world of Web 3.0.

The US Justice Department has probed the two major trading firms Jump Trading and Jane Street about plans for a potential bailout of the Terra network's failed algorithmic stablecoin TerraUSD (UST).

Amidst all the chaos in the crypto-markets following the collapse of crypto-friendly banks, Tron [TRX]‘s ecosystem shared its latest weekly report. In doing so, it provided updates on some of its key performance indicators (KPIs).

The U.S. Justice Department is investigating the 2022 collapse of the TerraUSD stablecoin and is considering bringing criminal charges against the coin's creator, Do Kwon, as reported by the Wall Street Journal. The move comes after the U.S.