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Jess Weatherbed
Tron founder gets reprieve in crypto fraud case.

A 60-day stay request made by Justin Sun and the SEC on Wednesday to “allow the Parties to explore a potential resolution” has been approved by a federal judge. The SEC lawsuit filed in 2023 accused Sun and three of his companies of illegally distributing crypto assets, market manipulation, and concealing payments to celebrity spokespersons.

Sun has since pumped $75 million into World Liberty Financial, a crypto project backed by the Trump family.

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