The SEC’s lawsuit against Justin Sun has been dismissed. Event: The SEC and Tron founder Justin Sun have closed a three-year legal case. Settlement Terms: • Rainberry Inc. (Sun’s company) will pay a $10 million fine • All claims against Sun and the Tron Foundation have been dismissed • Neither party admitted guilt Original Allegations: • Hundreds of thousands of wash trades executed through accounts under Sun’s control • Generated $31 million in illegal profits • Engaged in market manipulation through fabricated trading activity Industry Implications: • A signal that the SEC, aiming to position the U.S. as a crypto hub, is entering a phase of closing old cases • The Trump administration’s crypto-friendly stance • The end of the era of “regulation through penalties” On X: “Today’s resolution brings closure, but I’ve never stopped building.”