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4min chapter
SEC sues Justin Sun, Coinbase, Celebrities; also Do Kwon arrested (recorded on March 23rd)
Crypto Critics' Corner
Justin Sun and the Market Manipulation
The SEC alleges Justin Sun used the Tron Foundation, BitTorrent and Rainberry Incorporated to wash trade Tron with the goal of creating an appearance of higher volume. They were trying to keep the price afloat is what the SEC alleges. The Tron they were using for this trading was a coin that he lent to them specifically for this purpose. It feels great to see him get some amount of come up after all these years. But we should talk about the market manipulation.
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