The SEC not only named Sun and his companies, but also charged several celebrities for the offer and sale of TRX and BitTorrent (BTT) without disclosing the payments. But the people making the accusations are currently playing the role of high stakes casino mogul. Sun denied the charges, claiming the accusations lack merit. In March, the SEC charged the Chinese cryptocurrency billionaire and founder of Tron coin, alongside Tron and BitTorrent, for allegedly “fraudulently” manipulating the secondary market for his Tron (TRX) tokens.
Securities and Exchange Commission (SEC). It’s been dubbed the “Casino Royale Showdown”––Justin Sun and the U.S.