A crypto bro who invested in a token backed by President Donald Trump is getting a break from the civil fraud charges filed against him by the Securities and Exchange Commission. Lawyers for the SEC and Justin Sun,
Trump claims he has the executive power to dismantle agencies and fire thousands of workers. Will court fights redefine his relations with Congress?
According to the SEC, the coins are more akin to "collectibles" and don't fall under the category of securities under federal law.
U.S. President Donald Trump was sued on Friday by the Democratic Party over a recent executive order it says violates federal election law by giving him too much power over the independent Federal Election Commission.