Tag - justin sun

US SEC hints at reason to pursue Justin Sun

In a new document, the U.S. SEC explained why it could pursue Tron Founder Justin Sun. In an amended complaint against Sun, the SEC claimed that his frequent visits to the United States gave rise to legal action. The Commission said in its updated complaint that Sun spent more than 380 days in the United States between 2017 and 2019. The...

Tron founder Justin Sun addresses UN concerns on USDT

Justin Sun, the founder of the Tron blockchain, contested the UN report’s assertions on USDT, pointing out factual inconsistencies and affirming Tron’s dedication to maintaining blockchain integrity. The UN report highlighted concerns over the misuse of blockchain technology, focusing on the role of USDT in money laundering and scams, particularly in Southeast Asia. In a Jan. 19 X post, Sun acknowledged these...