<ul><li>SEC Chairman Paul Atkins faced scrutiny over the SEC's handling of Trump-associated memecoin and fraud case involving Justin Sun.</li><li>During a hearing, Representative Glenn Ivey raised concerns about the SEC's decision on Sun's case and his connection to a meme coin linked to Trump.</li><li>Atkins clarified that the case against Sun is ongoing and not dropped, citing the current policy that coins are not viewed as securities.</li><li>SEC's shifting approach towards crypto under the new leadership focuses on creating a structured regulatory framework for crypto markets while deterring unlawful activities in the industry.</li></ul>

SEC Chair Faces Scrutiny Over Trump Memecoin, Justin Sun Case

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