加密貨幣商人賈斯汀·孫（Justin Sun）向特朗普支持的代幣中抽了7500萬美元，發現自己處於幸運的位置

該故事的一個版本出現在CNN Business的Nightcap通訊中。要在收件箱中獲取它，請在此處免費註冊。

A businessman who has been funneling money into the Trump family-backed crypto token is finding himself in a fortunate position this week as federal securities regulators are hitting pause on their civil fraud case.

一位一直在向特朗普家庭支持的加密代幣匯集資金的商人本週發現自己處於幸運的位置，因為聯邦證券監管機構正在對其民事欺詐案暫停。

On Wednesday, lawyers for the Securities and Exchange Commission and Justin Sun, a 34-year-old Chinese crypto entrepreneur, asked a federal judge to stay the agency’s case, which two years ago sued Sun and his companies — Tron, BitTorrent and Rainberry — for selling unregistered securities and fraudulently manipulating the price of digital token Tronix. Sun and his companies later moved to have the case dismissed.

週三，美國證券交易委員會的律師和34歲的中國加密企業家賈斯汀·孫（Justin Sun）要求聯邦法官保持該機構的案件。 Sun和他的公司後來撤銷了此案。

The pause is a 180 for the SEC, which has been on a tear this year suing several crypto firms and executives. But it comes as the agency faces increasing pressure from Congress to ramp up its efforts to police crypto markets. A bipartisan group of senators on Wednesday slammed the SEC for its "unacceptably slow pace" in approving applications for bitcoin ETFs.

SEC的停頓為180，今年一直在起訴幾家加密公司和高管。但是，隨著代理機構面臨從國會面臨越來越多的壓力，加大了對警察加密貨幣市場的努力。兩黨參議員周三猛烈抨擊SEC，因為其批准比特幣ETF的申請時，其“不可接受的緩慢步伐”。

But as the agency prepares to shut down its case against crypto exchange Coinbase in a widely expected move on Thursday, it seems the Trump administration may be pivoting away from crypto enforcement and toward broader administrative matters.

但是，隨著該機構準備在周四舉行的一個普遍預期的舉動中關閉針對加密交易所Coinbase的案件，似乎特朗普政府可能正在偏離加密執法和更廣泛的行政事務。

Sun is a polarizing figure within the world of crypto, in which he has become one of the most prominent investors in the World Liberty Financial crypto project, backed by the Trump family. Sun’s $75 million purchase of World Liberty tokens, which he’s touted in social media posts, could set the Trump family up to eventually collect tens of millions of dollars, as the family is entitled to 75% of the tokens’ revenues, according to the company. Sun is also an official adviser to World Liberty, which lists President Donald Trump as its “chief crypto advocate” and his son Barron as its “DeFi visionary.”

Sun是加密貨幣世界中的兩極分化人物，在該世界中，他已成為世界自由金融加密項目中最傑出的投資者之一，並由特朗普家族支持。據該公司稱，Sun在社交媒體帖子中吹捧的7500萬美元購買了世界自由令牌，可能會使特朗普家族最終籌集數千萬美元，因為該家族有權獲得代幣收入的75％。 Sun還是World Liberty的官方顧問，該顧問將唐納德·特朗普總統列為其“首席加密倡導者”，他的兒子巴倫（Barron）是其“遠方有遠見的人”。

World Liberty is just one of several crypto projects the president and his family have set up in recent months, raising concerns about potential corruption. By its nature, crypto offers a particularly easy way to, anonymously or otherwise, funnel money into assets that directly benefit the president and his family.

世界自由只是總統及其家人最近幾個月成立的幾個加密項目之一，引起了人們對潛在腐敗的擔憂。從本質上講，加密貨幣提供了一種特別簡單的方法，即匿名或以其他方式將資金匯入直接使總統及其家人受益的資產。

“Now anyone in world can essentially deposit money into bank account of President of USA with a couple clicks,” tweeted Anthony Scaramucci, former Trump White House communications director, after Trump launched a digital token known as a memecoin last month. “Every favor — geopolitical, corporate or personal — is now on sale, right out in the open.”

特朗普前白宮通訊總監安東尼·斯卡拉穆奇（Anthony Scaramucci）在特朗普上個月推出數字代幣後，前特朗普白宮通訊總監安東尼·斯卡拉穆奇（Anthony Scaramucci）在推特上發推文說：“現在，世界上任何人都可以通過幾下單擊美國總統的銀行帳戶。” “每個恩寵 - 地緣政治，公司或個人 - 現在都在公開出售。”

The SEC declined to comment. Neither the White House nor Sun responded to a request for comment.

SEC拒絕發表評論。白宮和太陽都沒有回應置評請求。

“This is, I guess, going to be the new approach — hands off crypto, not enforcing fraud … and I don’t think it’s going to end well,” Richard Painter, a law professor at the University of Minnesota and an ethics lawyer for the George W. Bush administration, told CNN Business. “The SEC is going to back off — because that’s what the Trump administration wants — on whatever enforcement they are able to do. I think it’s a very worrisome situation.”

“我想這是新方法 - 取消加密貨幣，不執行欺詐……而且我認為這不會結束。”明尼蘇達大學的法學教授，喬治·W·布什政府的道德律師理查德·帕特（Richard Painter）告訴CNN業務。 “ SEC將退縮 - 因為這是特朗普政府想要的 - 在他們能夠執行的任何執行方面。我認為這是一個非常令人擔憂的情況。”

Meanwhile, in a widely expected move, the SEC is expected to announce Thursday that it is shutting down its case against US crypto exchange Coinbase, according to a report by the Wall Street Journal. People familiar with the matter told the newspaper that the agency will cite “the Commission’s ongoing efforts to reform and renew its regulatory approach to the crypto industry” for the decision to close the case.

同時，根據《華爾街日報》的一份報告，預計SEC預計將在周四宣布，它將關閉對美國加密交易所Coinbase的案件。熟悉此事的人們告訴報紙，該機構將援引“委員會正在進行的改革和更新其對加密工業的監管方法的努力”，以解決該案。

The agency had sued Coinbase in June for allegedly operating as an unregistered exchange and offering unregistered securities to retail investors. The regulator also plans to sue Coinbase CEO Brian Armstrong should the agency decide to pursue executives personally for any alleged wrongdoing.

該機構在6月起起訴Coinbase，據稱是作為未註冊的交易所運營的，並向散戶投資者提供了未註冊的證券。監管機構還計劃起訴Coinbase首席執行官布萊恩·阿姆斯特朗（Brian Armstrong），如果該機構決定親自以任何所謂的不法行為來追擊高管。

The move comes after months of speculation that the SEC may drop its case against Coinbase amid pressure from Congress to speed up the agency’s approval of bitcoin ETFs and light up the regulator’s role in policing crypto markets. A bipartisan group of senators on Wednesday slammed the SEC for its “unacceptably slow pace” in approving applications for bitcoin ETFs, adding that the agency has yet to approve a single application despite receiving 15 over the past year.

此舉是在經過數月的猜測之後，即SEC可能會在國會施加壓力的情況下，以加快代理機構對比特幣ETF的批准，並闡明監管機構在監管加密貨幣市場中的作用。一群兩黨參議員周三抨擊SEC在批准比特幣ETF申請時“不可接受的緩慢步伐”，並補充說，儘管過去一年收到了15份，但該機構尚未批准一個申請。

In their letter to SEC Chair Jay Clayton, senators Elizabeth Warren, Kevin Cramer, Chris Van Hollen and Bill Hagerty also criticized the SEC for its lack of progress in policing crypto markets despite widespread concerns about fraud in the industry.

參議員伊麗莎白·沃倫（Elizabeth Warren），凱文·克萊默（Kevin Cramer），克里斯·範·霍倫（Chris Van Hollen）和比爾·哈格蒂（Bill Hagerty）在給SEC主席傑伊·克萊頓（Jay Clayton）的信中，儘管對行業中的欺詐行為提出了廣泛的擔憂，但在警務中缺乏警惕加密貨幣市場方面的進展。

“The agency has been anything but swift in its response to the burgeoning cryptocurrency market, despite the urgent need for robust investor protection in this rapidly evolving domain and the express mandate from Congress to create a regulatory framework for cryptocurrencies,” the senators wrote. “Given the scope of the issues at hand and the administrative burden on the SEC, we would expect to see more rapid progress by now.”

參議員寫道：“儘管迫切需要在這個迅速發展的領域以及國會的明確要求為加密貨幣創建監管框架的迫切需要保護的投資者，但該機構對新興的加密貨幣市場的反應卻迅速迅速。” “鑑於當前問題的範圍和SEC的行政負擔，我們希望到目前為止會看到更快的進步。”

Compounding conflicts of interest

複雜的利益衝突

The Sun case comes as the Trump administration appears to be opening the door to potential corruption beyond crypto.

當特朗普政府似乎為加密貨幣以外的潛在腐敗打開了大門時，太陽案發生了。

But critics across the political spectrum say it’s a troubling trend for a president and a White House that is ditching guardrails at an alarming

但是政治領域的批評家說，這是一個令人震驚的護欄的總統和白宮的令人不安的趨勢