The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun's extensive travel within the U.S.
The SEC has amended its lawsuit against Justin Sun, asserting personal jurisdiction over him and his companies based on his extensive travel to the US
The United States Securities and Exchange Commission (SEC) has recently made amendments to its lawsuit against Justin Sun, the prominent figure behind Tron. The SEC alleges that Sun was involved in the sale of unregistered securities through Tron (TRX) and BitTorrent (BTT) tokens.
The SEC filed an amended suit against Justin Sun after the Tron founder sought to dismiss the suit last month claiming the regulator had no jurisdiction.
The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun's alleged visits to the US should grant it the jurisdiction required to pursue legal action.
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