Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million - Reuters
Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million Reuters
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Notable Quotes
"Today’s resolution brings closure, but I never stopped building."
— Justin Sun , Executive
"I expressed great relief that the legal cloud has finally lifted."
— Justin Sun , Executive
"The future is bright."
— Justin Sun , Executive
Key People
Singer and producer named in the SEC's allegations.
Former president of the United States known for his aggressive economic policies.
Former chairman of the U.S. Securities and Exchange Commission.
U.S. Securities and Exchange Commission commissioner leading the Crypto Task Force.
Jake Paul is a social media influencer and boxing promoter.
Justin Sun is a crypto entrepreneur known for founding the TRON blockchain platform.
Actress and singer who was named in the SEC complaint.
R&B singer and songwriter referenced in the legal complaint.
Current chairman of the U.S. Securities and Exchange Commission.
Rapper and entrepreneur who was cited in the SEC lawsuit.
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.
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.
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.
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