The Daily: Sen. Warren slams SEC over Justin Sun case amid Trump’s crypto ties, Binance rejects ‘demonstrably false’ Iran sanctions probe, and more
Senator Warren criticized the SEC over dropping claims against Justin Sun, while Binance refuted an Iran sanctions probe, and other crypto news was covered.Summary
Senator Elizabeth Warren strongly criticized the SEC for dismissing claims against Tron founder Justin Sun, suggesting the agency is favoring billionaires with ties to Donald Trump, and demanded that any crypto legislation address this perceived "crypto corruption." Separately, Binance rejected an inquiry by Senator Richard Blumenthal regarding alleged Iran sanctions violations, calling the media reports fueling the probe "demonstrably false," though the exchange noted it cut ties with implicated partners. Other key updates include Vancouver city staff advising against holding Bitcoin reserves because it is not an allowable asset, Dubai's VARA ordering KuCoin to halt unlicensed activities, and Vitalik Buterin encouraging bolder experimentation at Ethereum's application layer.
(Source：The Block)