Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences

Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences


cryptonews
2023-03-23 15:16:00

The controversial crypto entrepreneur Justin Sun is facing a lawsuit from the US Securities and Exchange Commission (SEC) over a scheme to pay celebrities to shill Tron’s TRX and BitTorrent (BTT) tokens. According to a press release from the SEC, the lawsuit specifically revolves around Sun’s use of celebrities to promote tokens on his Tron blockchain without disclosing that they were paid.... Read More: Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences