US Senator Elizabeth Warren has expressed criticism over the US Securities and Exchange Commission's (SEC) settlement with Tron founder Justin Sun. According to NS3.AI, Warren highlighted that Sun allegedly invested $90 million in crypto assets linked to US President Donald Trump and his family. She emphasized the need for enhanced anti-corruption measures in the crypto market structure legislation currently under review by the Senate Banking Committee.
The article mentions that the SEC reached a separate settlement with Sun and his companies for $10 million. The pending legislation, which addresses issues such as tokenized equities, ethics, and stablecoin rewards, has seen its markup by the Senate Banking Committee postponed indefinitely.