SEC Ends Justin Sun Case as the TRON Founder Pays $10M

TLDR: SEC moved to dismiss fraud claims against Justin Sun and TRON entities after nearly three years of litigation Rainberry Inc. will pay a $10M civil penalty while all claims against Justin Sun personally disappear The original SEC case accused TRON firms of 600,000 wash trades tied to $TRX market activity Celebrity promotions involving $TRX and $BTT tokens formed a central part of the regulator’s case The U.S. SEC has moved to end its long-running lawsuit against TRON founder Justin Sun. Regulators asked a court to dismiss claims tied to a 2023 fraud case involving TRON entities. A TRON-affiliated company will pay a $10 million civil penalty as part of the agreement. The resolution closes a dispute that centered on token sales, trading activity, and celebrity promotions. SEC Ends Justin Sun Lawsuit Over TRX and BTT Token Sales The original complaint targeted Justin Sun, the TRON Foundation, and the BitTorrent Foundation. Regulators alleged the firms sold unregistered securities tied to the TRX and BTT tokens. According to the filing, the SEC claimed TRON entities conducted large volumes of wash trading. The complaint referenced more than 600,000 trades designed to inflate market activity. We are pleased to announce that the SEC has moved to dismiss all claims against Tron Foundation. Today’s SEC is making meaningful progress toward a pro-innovation environment in the United States. TRON DAO will continue building and strengthening the TRON network to expand… — TRON DAO (@trondao) March 5, 2026 The regulator also accused Sun’s companies of paying celebrities to promote tokens without disclosure. Those promotions included social media campaigns tied to $TRX and BitTorrent’s $BTT token. The SEC now seeks to dismiss the claims against Sun personally. Court filings show the dismissal would occur without admissions of wrongdoing from the defendants. The civil penalty will come from Rainberry Inc., a company linked to TRON operations. The proposed settlement would c...