U.S. Congressmen Grill SEC on San’s Trump Ties and Looming Market Risks
Lawmakers Turn Up Heat on Regulators Over Political Connections
Washington's scrutiny intensifies as congressional representatives demand answers from the SEC regarding San's alleged ties to former President Trump. The inquiry zeroes in on potential market risks that could ripple through financial systems—because nothing says 'stable markets' like mixing politics and finance.
Regulatory Oversight or Political Theater?
Sources confirm the questioning digs into whether these connections create conflicts of interest or expose vulnerabilities in current oversight frameworks. The SEC faces mounting pressure to clarify its stance on politically-linked entities operating in sensitive financial sectors.
Market watchers brace for potential volatility as investigations unfold—proving once again that in high finance, the only constant is uncertainty wrapped in a suit.
Risks for investors and the market
As of September 2025, the WLFI token became available on major exchanges, notably Coinbase and Kraken, adding up to $5 billion in wealth for Trump, the document said. The congressmen cautioned that Sun, as one of the main investors, could manipulate the price of the token, which carries risks for retail investors.
As a result, the congressmen ordered the SEC to provide answers to a number of questions by Oct. 2, 2025, including:
- whether the SEC had contact with the White House or members of Trump’s family regarding the San case;
- whether there was direct communication with San before the lawsuit was dropped;
- how many complaints were received about San’s activities and how they were handled;
- whether the SEC is considering banning TRON in the U.S.;
- and others.
Earlier, Arkham Experts reported that the World Liberty Financial platform had blacklisted Justin San’s ethereum address amid a possible $9 million transfer of WLFI tokens.
Сообщение U.S. congressmen asked SEC about San’s ties to Trump and market risks появились сначала на INCRYPTED.
