On Thursday, the SEC settled its case with crypto billionaire Justin Sun, the founder of the TRON crypto network. The SEC had previously sued Sun and his affiliated companies, such as BitTorrent ...
Public messaging concerning the stablecoin yield debate in the US government has moved to President Donald Trump's son, who co-founded the crypto company World Liberty Financial.
The decision to settle the court action is particularly striking because the defendant was accused of a serious violation of securities laws. He denied the charges.
Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed.