Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

**March 17 — OpenSea CEO Devin Finzer shared an update on the SEA token project via a post today, revealing the OpenSea Foundation has delayed the first phase of the SEA rollout — originally scheduled for a March 30 event.** Finzer cited "challenging overall cryptocurrency market conditions" for the delay, emphasizing SEA will only be issued once. The team is prioritizing thorough preparation over sticking to the original timeline to meet community expectations, he added. Key details from the update: - No additional reward waves will be launched; the current round is the final one. - **Platform fee refunds**: Users who joined reward waves 3–6 are eligible for partial refunds of collected fees (tied to the initial Q1 launch promise). Opting for a refund will remove Treasures rewards earned during the corresponding period. If combined with Treasure Chest rewards, the refund effectively covers transaction fees for that period; specific steps will be announced later. - **Valid

On March 17, President Trump said the Federal Reserve should hold a special meeting to cut interest rates now.

On March 17, CBOE Global Markets filed a proposal to extend trading hours for EDGX, its stock and options exchange. The market operator said Monday it plans to allow trading of all listed NMS stocks on EDGX from 9 p.m. ET Sunday through 8 p.m. ET Friday, with a one-hour operational pause between 8 p.m. and 9 p.m. ET Monday through Thursday. CBOE noted demand for trading U.S. stocks outside traditional hours has grown in recent years. The firm already runs 24/7 trading via its proprietary index futures/options and global FX market operations. Oliver Sung, head of CBOE’s North American Equities Division, said the SEC filing is the latest step toward launching the extended trading in December. CBOE offers stock and derivatives trading platforms, including products tied to its flagship VIX volatility index—often called the market’s “fear index.” (Source: Golden Finance)

**SEC Prepares Proposal to Make Quarterly Earnings Reporting Optional for U.S. Public Companies** March 17th — Sources familiar with the matter told *The Wall Street Journal* that the U.S. Securities and Exchange Commission (SEC) is drafting a proposal to scrap mandatory quarterly earnings reports for public companies, letting firms disclose performance twice a year instead. The regulator could unveil the proposal as soon as next month. To lay groundwork, the SEC has been in talks with officials from major U.S. exchanges about potential rule adjustments needed for the shift. Once public, the proposal will open to a minimum 30-day public comment period (standard for SEC rulemaking) before commissioners vote on it. Industry expectations suggest the rule will make quarterly reporting optional, not eliminate it entirely. Last September, reports emerged that the Long-Term Stock Exchange (LTSE) had petitioned the SEC to end mandatory quarterly financial disclosures. Within days, for

March 17 – China and the U.S. held economic and trade consultations in Paris from March 15 to 16 local time, China’s Vice Minister of Commerce and International Trade Representative Li Chenggang said Wednesday. The two teams engaged in frank, in-depth and constructive discussions over the past day and a half, reached preliminary consensus on some issues and will continue advancing the negotiation process, Li noted. (Xinhua)

On March 17, U.S. President Trump stated: "The war will end soon, but not this week." (Koolima)