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News Explorer — SEC Asserts US Jurisdiction Over Justin Sun Case

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Apr 19, 7:05 pm
Blockworks

SEC Asserts US Jurisdiction Over Justin Sun Case

The Securities and Exchange Commission (SEC) has amended its complaint against Justin Sun, founder of Tron's network, alleging that he sold unregistered securities. The SEC claims that Sun spent a significant amount of time in the US on behalf of Tron, BitTorrent, and Rainberry, and even broadcasted a livestream from the San Francisco office promoting the Tron ecosystem. Sun's lawyers previously argued that the SEC's claims were beyond its regulatory reach.

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