A U.S. territory tribunal has summoned erstwhile TRON CEO Justin Sun implicit charges antecedently filed by the U.S. SEC, according to a tribunal papers filed April 12.
That document, directed to 2 Singapore addresses, informs Sun that the U.S. Securities and Exchange Commission has filed a suit against him.
It says that wrong 21 days of receiving the summons, Sun indispensable respond to SEC subordinate Adam Gottlieb. Sun indispensable record his reply oregon question with the tribunal arsenic well.
If Sun does not respond, helium volition look default judgment.
Justin Sun has not explicitly commented connected the summons. However, connected Twitter, helium posted the fig “4” astir the clip of the connection — alluding to Binance’s shorthand for its regularisation of “ignor[ing] FUD, fake news, attacks, etc.”
When the SEC announced its charges weeks ago, Sun responded by asserting that the ailment “lacks merit” and by asserting the legitimacy of his cryptocurrency projects.
Sun was initially sued by the SEC implicit his engagement successful TRON, BitTorrent, and related cryptocurrencies connected March 22. The regulator alleged that Sun had participated successful unregistered securities offerings and amerciable lavation trading involving cryptocurrency.
Other individuals, companies, and personage promoters were besides named successful transportation to those charges. Most personage promoters person settled with the SEC.
The station U.S. tribunal summons Justin Sun implicit SEC charges appeared archetypal connected CryptoSlate.