Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million - Reuters
Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
All Coverage
<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxNVm9tTkdCTHY0TXlPZDlWVmdDQlExRzhndDJqam9SUy1DNW9Sai1rWV9KblpmZEFpLUFIQnhFYy0wenVtUVBaN09DcHBrSjVDSVdoMkJBSWRyUDFtOXdabjlOa1NyMlQ3dWRKSkdpVzA1a0Yyd1dXUUFMMWRiTmhRT2lNdjk3YWlOWV9LdjRuVUdhY1Y0ZjFISUxhSHFMQQ?oc=5" target="_blank">Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million</a> <font color="#6f6f6f">Reuters</font>
The U.S. Securities and Exchange Commission has dismissed charges it brought in 2023 against Tron founder Justin Sun, the Tron Foundation, and the BitTorrent Foundation. Another Sun-related entity, Rainberry, was ordered to pay a $10 million civil penalty to the SEC.
The SEC settled its 2023 lawsuit against Justin Sun and Tron entities. Sun faces no personal penalty; however, a Tron-affiliated company will pay a $10 million civil penalty. All claims against him were dismissed with prejudice and without any admission of wrongdoing.
Justin Sun has reached a $10 million settlement with the U.S. Securities and Exchange Commission (SEC), ending a high-profile fraud case tied to TRON and BitTorrent tokens. The deal clears Sun personally and shuts down a lawsuit that has weighed on the TRON ecosystem since 2023.
The long legal battle between the Justin Sun SEC regulators is finally over. On Thursday, March 5, 2026, the U.S. Securities and Exchange Commission moved to dismiss all fraud and market manipulation charges against Justin Sun personally. The dismissal also applies to the Tron Foundation and the BitTorrent Foundation. This is a massive victory for him, as the case was dismissed "with prejudice", meaning the agency cannot bring these specific charges again.
The U.S. Securities and Exchange Commission has agreed to settle its civil fraud case against Chinese cryptocurrency entrepreneur Justin Sun, with one of Sun's companies paying a $10 million penalty, a court filing showed on Thursday.
Similar Stories
Related coverage based on topic and tags
Law firm Fenwick agrees to pay $54 million in settlement over FTX work - Reuters
Law firm Fenwick agrees to pay $54 million in settlement over FTX work Reuters
May 23, 2026 at 01:28 AMUS funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say - Reuters
US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say Reuters
May 27, 2026 at 10:13 AMTemu fined $232 million for breaching EU rules on sale of illegal products - Reuters
Temu fined $232 million for breaching EU rules on sale of illegal products Reuters
May 28, 2026 at 10:06 AMIndia regulator cracks down on seven in social media stock manipulation case - Reuters
India regulator cracks down on seven in social media stock manipulation case Reuters
May 22, 2026 at 07:43 PMInvestors hunt for AI winners in small-cap US tech stocks - Reuters
Investors hunt for AI winners in small-cap US tech stocks Reuters
May 27, 2026 at 10:28 AMSamsung workers approve pay deal, shares surge - Reuters
Samsung workers approve pay deal, shares surge Reuters
May 27, 2026 at 01:29 AM