The controversial crypto entrepreneur Justin Sun is facing a lawsuit from the US Securities and Exchange Commission (SEC) over a scheme to pay celebrities to shill Tron’s TRX and BitTorrent (BTT) tokens.
According to a press release from the SEC, the lawsuit specifically revolves around Sun’s use of celebrities to promote tokens on his Tron blockchain without disclosing that they were paid….
Read More: Billionaire Tron Founder Justin Sun Faces SEC Lawsuit over Alleged Securities and Market Manipulation Offences