“The SEC Asserts Its Authority to Regulate Justin Sun, Founder of Tron, with Frequent Visits to the United States”
The legal dispute between Sun Yuchen, the founder of TRON, and the U.S. Securities and Exchange Commission (SEC) is intensifying, with regulatory authorities amending their claims. The regulatory agency argues for its jurisdiction based on Sun’s frequent visits to the United States. This is in response to Sun’s recent attempt to dismiss the SEC’s lawsuit against him, asserting that the SEC has no authority over his primarily foreign-based activities.