Trump Aligns with Justin Sun, $30 Million Investor, Ahead of Inauguration Amid SEC Lawsuit

As President-elect Donald Trump prepares to take office, he is aligning himself with the cryptocurrency sector, notably through a partnership with Justin Sun, a Chinese-born entrepreneur known for his controversial history and previous accusations of fraud by U.S. regulators. Sun has made a $30 million investment in a Trump family-backed crypto project, which has raised concerns about potential influence-peddling as he faces a lawsuit from the U.S. Securities and Exchange Commission (SEC). Advocates within the crypto community are urging Trump to implement a favorable regulatory framework for cryptocurrencies shortly after his inauguration, with expectations of a comprehensive crypto policy within 100 days. Trump's administration is anticipated to be supportive of Bitcoin and other digital currencies, reflecting a broader trend of increasing acceptance of cryptocurrencies in mainstream finance.