Justin Sun Faces SEC’s Allegations Over Extensive Travel Across the US
- The regulators allege that Sun traveled extensively across the US for business trips.
- Reinforcing their claims, the SEC argues that TRX and BTT were promoted and sold to investors across the United States.”
- The SEC reiterates their allegations against Justin Sun and his companies, Tron Foundation, the BitTorrent Foundation, and Rainberry.
In a recent turn of events in Justin Sun’s legal challenges, the Securities and Exchange Commission (SEC) reiterated its allegations against the defendant. The regulators argued that Sun has “traveled extensively” throughout the United States, proving their “personal jurisdiction.”
In a complaint filed by the SEC on April 17 in the Manhatten federal court, the regulators claimed that Sun and two other businesses under his control have purposefully taken actions in and “directed toward the US.” The motion argued that Sun’s travels were related to his “alter ego” firms—Tron Foundation, the BitTorrent Foundation, and Rainberry.
According to their recent allegations, Sun was in the US between 2017 and 2019, spending about 380 days on business trips to New York, San Fransico, Boston, and Massachusetts…
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