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SEC Charges Justin Sun, Issues Coinbase Wells Notice; Nasdaq Eyes Crypto Custody | Cointime Weekly Mar.19 – Mar.25

French lawmakers agree to ban crypto influencer promotions; U.S. IRS seeks to tax NFTs like other collectibles; character Ai receives $150M funding from a16z and others; how effective is GPT for auditing smart contracts?
SEC Charges Justin Sun, Issues Coinbase Wells Notice; Nasdaq Eyes Crypto Custody | Cointime Weekly Mar.19 – Mar.25

SEC Sues Tron Founder Justin Sun for Securities Violations: A Closer Look at Tron Network and TRX Token

SEC alleged that TRX and BTT are unregistered securities, and claimed Sun created an "extensive wash trading" program to boost their trading volume.
SEC Sues Tron Founder Justin Sun for Securities Violations: A Closer Look at Tron Network and TRX Token

SEC Cautions Investors on the Risks of Investing in Crypto Asset Securities

The warning also highlighted that crypto exchanges may not have sufficient protections in place for investors.
SEC Cautions Investors on the Risks of Investing in Crypto Asset Securities