The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between 2017 and 2019, and his business activities directed toward the U.S. provide the commission with “personal jurisdiction.” Despite these allegations, Justin Sun previously sought to dismiss the SEC’s suit, arguing that the SEC has no authority over him or the Singapore-based Tron Foundation, as the sales of TRX and BTT tokens were conducted “entirely overseas” and not aimed at the U.S. market.
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
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