In the US, the borders between the crypto money market and politics once again blurred. His investment in Tron’s founder Justin Sun in Trump crypto currency of $ 18.6 million carried him to a special dinner with President Donald Trump. This meeting took place only days after the temporary suspension of the fraud case against the US Securities and Stock Exchange Commission (SEC). Sun’s participation in this invitation has re -flared the role of both ethical debates and political influences on crypto currency investments.
Justin Sun’s invitation brought ethical question marks
Justin Sun, Trump said in a statement for dinner, stressed that this opportunity is a great honor for him. In his share of social media, he said he wanted to show his support to President Trump and talk about the future of the crypto currency sector. However, Sun’s participation in Gala was not only a matter of personal pride; It has brought significant ethical concerns in public and regulatory circles.
The surveillance institution Accountable.us pointed out that such activities can be used as a means of political impact. Tony Carrk, the manager of the organization, argued that the competitive environment of the crypto currency called Trump paved the way for foreign actors to put pressure on the US President. According to Carrk, this example is the most concrete indicator of how crypto currencies have become a trump card in the political arena. In critical issues such as directing public funds and shaping policies, such interest relations are able to shake the balance of the democratic system.
SEC is cautious in legislation debates
Paul Atkins, Chairman of the US Securities and Stock Exchange Commission, answered questions on the issue at the House of Representatives Budget Committee. Atkins said that crypto currencies were considered as “collection product ve and did not fall within the scope of the existing securities laws. However, they are aware of the need for regulation, stating that they will create a new framework by gathering opinions from the public.
These statements show that SEC has not yet provided a clear roadmap in crypto currency arrangements. The cautious attitude of the Commission is insufficient in the face of rapid developments in the market and political connections. MPs are not satisfied with this situation. In particular, names such as Glenn Ivey seriously criticize the fact that Trump investments are made through family ties and the rapid disposal of crypto currencies.
All these developments reveal that crypto money markets are used not only as economic, but also as a political power tool. When the elements such as lack of control, ethical concerns and foreign capital effects are combined, there is a strong public opinion that the system moves away from transparency.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
