SEC negotiating settlement with Justin Sun over fraud case. Stay updated on live cryptocurrency prices.
The U.S. Securities and Exchange Commission (SEC) and Justin Sun, the founder of Tron (TRON), are in talks to settle a fraud case. Both parties have requested a temporary suspension of the trial. If an agreement is reached, the case will be closed without further pursuit. Recently, the SEC has halted several lawsuits against companies in the crypto space. Now, the SEC aims to resolve one of its major cases against Justin Sun. The case is currently in the Southern District of New York court, and its temporary suspension will halt the litigation process.
