Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences
The controversial crypto entrepreneur Justin Sun is facing a lawsuit from the US Securities and Exchange Commission (SEC) over a scheme to pay celebrities to shill Tron’s TRX and BitTorrent (BTT) tokens. According to a p...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to a press release from the SEC, the lawsuit specifically revolves around Sun’s use of celebrities to promote tokens on his Tron blockchain without disclosing that they were paid....
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