Big news in the world of cryptocurrency! The SEC, which is like the police for money stuff, was investigating Justin Sun, a famous person in crypto. He was accused of some things that aren't allowed with crypto, like making it seem like his coins were more popular than they were. The case is getting paused for a while to see if they can settle things.
- Justin Sun, a big name in crypto, was being investigated.
- The SEC accused him of doing things against the rules.
- The case is being paused to explore a resolution.
- Sun allegedly used fake trades to make his crypto seem more valuable.
- He also paid celebrities to promote his crypto without telling people they were paid.
Fact | Number |
---|---|
Amount of money Sun allegedly made illegally | $31 million |
Amount Sun spent on World Liberty Financial tokens | At least $75 million |
Amount Sun paid for banana art | $6.2 million |