Two members of Congress have urged the Securities and Exchange Commission (SEC) to clarify its decision to halt an enforcement case against Justin Sun, the founder of Tron. Senator Jeff Merkley and Representative Sean Casten questioned the implications of Sun's investments in crypto ventures linked to President Trump, suggesting these may have influenced the SEC's actions. Specific concerns were raised about Tron's plans for a reverse merger to go public, which they argue could pose financial and national security risks due to alleged ties with the Chinese government. The lawmakers requested assurance that Tron Inc. would meet necessary standards for listing on US exchanges and called for investigation into the agency’s handling of the case. This scrutiny of Tron may extend to other foreign crypto companies attempting similar actions in the US amid ongoing changes in the regulatory landscape, including potential new legislation aimed at establishing a clearer market structure for cryptocurrencies.

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