According to Mars Finance, the US SEC has amended its lawsuit against Tron founder Justin Sun, saying that he frequently travels to many places in the United States, which gives the court 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 claims that Justin Sun spent more than 380 days in the United States between 2017 and 2019, with travel destinations including New York, Boston and San Francisco. Justin Sun said that the token sales were conducted entirely overseas, avoiding the US market, so the SEC has no right to impose jurisdiction on him and the Singapore-based Tron Foundation. (Cointelegraph)
