SEC Ends Fraud Case Against Justin Sun With $10 Million Settlement

The Securities and Exchange Commission (SEC) has ended its long-standing fraud case against cryptocurrency billionaire Justin Sun and his companies, Tron Foundation and BitTorrent Foundation.

As part of the settlement agreement, Sun will pay a $10 million civil penalty for violating federal securities laws. The remaining claims against him and his companies will be dismissed with prejudice, meaning they cannot be brought back or refiled in the future.