The US SEC accuses Justin Sun of frequently traveling to the US to sell tokens
According to news on April 19, the U.S. SEC has revised its lawsuit against Tron founder Justin Sun, saying that he travels frequently to many places in the United States, which gives the court the appropriate jurisdiction. The SEC accused Justin Sun and his company of selling unregistered securities through Tron and BitTorrent (BTT) tokens and engaging in manipulative money laundering transactions. The SEC claimed that Justin Sun spent more than 380 days in the United States from 2017 to 2019, traveling to places such as New York, Boston and San Francisco. Justin Sun said that the token sale was entirely conducted overseas, avoiding the U.S. market, so the SEC has no authority to impose jurisdiction over it and the Singapore-based Tron Foundation.
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