According to a court document, the U.S. Securities and Exchange Commission has reached a settlement with Tron and its founder Justin Sun. Under the settlement agreement, Rainberry Inc., associated with the Tron network, will pay a $10 million fine and be barred from future violations of securities laws. The settlement dismisses all remaining charges against Rainberry, Justin Sun, the Tron Foundation, and the BitTorrent Foundation, pending approval by a federal judge.

TRX0.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin