SEC Sues Tron Founder Justin Sun for Securities Violations: A Closer Look at Tron Network and TRX Token
SEC alleged that TRX and BTT are unregistered securities, and claimed Sun created an "extensive wash trading" program to boost their trading volume.
SEC Charges Tron and Founder Justin Sun for Fraud and Securities Law Violations
Eight celebrities including Lindsay Lohan and Jake Paul were also charged for illegally touting Sun’s crypto asset securities.

