SEC accuses Justin Sun of frequent trips to the U.S. to sell tokens

According to BlockBeats, on April 19, Cointelegraph reported that the US SEC has amended its lawsuit against Tron founder Justin Sun, accusing 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 his 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.