SEC charges against Justin Sun

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Justin Sun, founder of the Tron blockchain, is the largest outside investor in World Liberty, a company closely linked to former President Donald Trump, having invested $75 million into its token and serving as an adviser to the firm
U.S. Securities and Exchange Commission (SEC) charged Justin Sun on March 22, 2023, with violating securities laws and fraud, alleging that the sale of TRON (TRX) and BitTorrent (BTT) tokens were unregistered securities offerings and that Sun engaged in wash trading to artificially inflate the price of TRX
U.S. Securities and Exchange Commission (SEC) and Justin Sun jointly filed a request on February 26, 2025, to pause ongoing legal proceedings in order to pursue settlement negotiations, with Sun’s legal team suggesting the discussions could lead to a resolution without further litigation

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Changpeng Zhao refutes WSJ claim of testifying against Justin Sun

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