TRON

<ul><li>SEC claims that Sun’s activities in the offer and sale of TRX and BTT violated the Securities Act.</li><li>The SEC alleged TRX and BTT are unregistered securities.</li></ul>The Securities and Exchange Commission (SEC) accused Tron founder Justin Sun on Wednesday of orchestration of the unregistered offer and sale, manipulative trading. And unlawful touting of crypto asset securities.Since August 2017, Sun and his companies, including the Tron Foundation, BitTorrent Foundation, and Rainberry have been accused of plotting to distribute billions of Tronix (TRX). And BitTorrent (BTT) <a href="https://thenewscrypto.com/tag/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a> assets while also inflating trading activity.The <a href="https://thenewscrypto.com/tag/sec/" rel="noopener noreferrer nofollow">SEC</a> asserts that Sun violated certain provisions of the Securities Act. That was in the offer and selling of TRX and BTT. The regulator claimed that Sun sold more than $31 million worth of the token. It is a result of more than 600,000 wash transactions of TRX. And that took place between April 2018 and February 2019.The singers Akon, Austin Mahone, and Ne-Yo, the boxer and online personality Jake Paul, the rapper Lil Yachty, and the actress Kendra Lust from adult films were among the other celebrities accused.

Tron Founder Justin Sun Filed Lawsuit by U.S. SEC

TheNewsCrypto

Ďalšie články zverejnené 23. 3. 2023

NFT Collection The Divine Order Of the Zodiac Price, Stats, and Review

Trading of PETN is halted till further notice

Coinbase Shares Fall 11% in Premarket as SEC Action Looms

Telegram Announces USDT Stablecoin Payments on Tron Network

NuriFlex Group to Introduce AI-embedded chat GPT on NuriTopia Metaverse Platform

Binance BTC-USDT Liquidity Falls 70% after Revoking Zero-fee Trading

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!