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TRON founder Justin Sun announced that the U.S. Securities and Exchange Commission (SEC) has dismissed the fraud and market manipulation charges filed against him and his company. The U.S. District Court dismissed all charges against Justin Sun, the TRON Foundation, and the BitTorrent Foundation, while Rainberry Inc. agreed to pay $10 million to settle some of the charges but did not admit guilt. Justin Sun stated that the settlement allows him to focus on accelerating innovation in the U.S. and working with regulators. The TRX trading price is $0.2851, down 0.73% in the past 24 hours.