SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over 'Potential Resolution'
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SEC, Tron foundation and Justin Sun filed joint motion to pause 2023 case
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The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator's ongoing case against the crypto entrepreneur and his company.
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Sun tried to inflate the TRX token's volume through wash trading, the SEC alleged at the time. The regulator said Tron Foundation employees conducted over 600,000 wash trades.
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