In a move surprising absolutely no one, Tron founder Justin Sun and the U.S. Securities and Exchange Commission (SEC) are reportedly in talks to resolve their civil fraud case. The SEC has accused Sun of treating securities laws like optional reading material while allegedly orchestrating market manipulation and distributing unregistered crypto assets.
Sun, for his part, continues to insist that everything he’s done is completely legal, normal, and in the spirit of decentralization—which in this case seems to mean decentralizing responsibility. The parties have asked the judge for a pause in litigation to see if they can work out a deal, which in SEC terms typically translates to “How much are you willing to pay?”
Source: Reuters
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