End of a 3-Year Epic! Justin Sun Agrees to Pay SEC $10 Million. The high-profile legal battle between Justin Sun, founder of the TRON empire, and the U.S. SEC, which began in 2023, has officially concluded. Recently, the SEC filed a letter with the court to dismiss the case in exchange for a $10 million fine (approximately 317 million THB)—a fraction of the initial alleged damages. A brief recap: In March 2023, the SEC filed serious charges against Justin Sun and his network: 🔹 Selling TRX and BTT as unregistered securities 🔹 Engaging in over 600,000 wash trades to artificially inflate trading volume 🔹 Hiring high-profile celebrities (such as Lindsay Lohan, Jake Paul, and Akon) to promote tokens without disclosing compensation Sun consistently denied all allegations, claiming the SEC was attempting to apply U.S. law to overseas activities. But after Trump’s election victory, Sun’s behavior shifted dramatically: 🔹 In November 2024, Sun invested $30 million in World Liberty Financial (a crypto project linked to the Trump family) 🔹 By January 2025, his total investment reached $75 million 🔹 In February 2025, the SEC requested a stay on the case to pursue negotiations—remaining paused for 11 months Then, yesterday (March 5, 2026), the SEC filed a letter with the Manhattan court, accepting a $10 million fine (roughly 317 million THB) and agreeing to a permanent injunction barring future violations. All charges against Justin Sun, the TRON Foundation, and the BitTorrent Foundation have been dismissed with prejudice—no admission or denial of guilt required. #BitcoinAddict #JustinSun #TRON #TRX