HONG KONG -- Cryptocurrency entrepreneur Justin Sun said fraud charges laid against him by the Securities and Exchange Commission on Wednesday "lack merit" and accused the U.S. regulator of targeting the industry.
Cryptocurrencies
Crypto mogul Justin Sun hits back at SEC fraud charges
U.S. regulator accuses him of artificially inflating market of his digital tokens
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Justin Sun and three of his companies are accused of selling two unregistered crypto tokens and artificially inflating trading volume through "wash trading." (File photo by Reuters)
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