The SEC charged Sun and three of his companies — Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc. — in March 2023.

Sources

SEC and Justin Sun look to 'explore a potential resolution'

Referenced by

The SEC, in 2023, alleged that Tron Foundation employees conducted over 600,000 wash trades to inflate the trading volume of TRX tokens

Crypto news

U.S. Securities and Exchange Commission charged Justin Sun, the Tron Foundation, BitTorrent Foundation, and Rainberry Inc. in March 2023 with alleged fraud and unregistered securities offerings

Crypto news