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- Securities and Exchange Commission reached a settlement with Tron and founder Justin Sun on Thursday, the SEC said in a court filing.
- Under the terms of the settlement, Rainberry Inc., one of the companies associated with the Tron network, will pay a $10 million fine and be barred from future violations of securities regulations.
- The SEC sued Sun and Tron in 2023, alleging violation of federal securities laws through the sale and airdropping of Tron (TRX) and BitTorrent (BTT) tokens.
- Apart from the SEC's accusations that Tron was dealing in unregistered securities, the regulator had also alleged the defendants "fraudulently manipulat[ed]" TRX's secondary market through an "extensive wash trading" scheme.
- In the agency's rush to drop its earlier crypto registration cases, it kept pursuing those that were associated with deeper accusations.
- "The remaining claims against Rainberry would be dismissed with prejudice," the filing said.
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Nguon tham khao: https://www.coindesk.com/policy/2026/03/05/sec-justin-sun-reach-settlement-over-tron-lawsuit