Justin Sun Settles SEC Fraud Case for $10 Million
Justin Sun has reached a settlement with the U.S. Securities and Exchange Commission (SEC) in a fraud case, agreeing to pay $10 million.
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Justin Sun settles SEC fraud case for $10 million - TradingView
Justin Sun settles SEC fraud case for $10 million TradingView
Read full article →Crypto billionaire Justin Sun settles US fraud case for US$10 million
The US Securities and Exchange Commission has agreed to settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, with one of Sun’s companies paying a US$10 million penalty, a court filing showed on Thursday. The SEC sued Sun and his companies Tron Foundation, BitTorrent Foundation and Rainberry in March 2023. It accused them of scheming to illegally distribute the cryptocurrency assets Tronix and BitTorrent, artificially inflate trading volume, and concea...
By Reuters
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