Justin Sun Receives Extended Time for Defense

postedΒ  25 Sept 2023
Photo - Justin Sun Receives Extended Time for Defense
The court has granted Justin Sun additional time to respond to the SEC allegations, pushing the deadline to December 8.

The SEC accuses Sun, along with Tron Foundation, Bittorrent Foundation, and Rainberry, of offering TRX and BTT tokens as unregistered securities, infringing upon U.S. legislation.

Additionally, the SEC is leveling charges against Sun for manipulating the market value of TRX.