Tron’s Rainberry to pay $10 million to settle SEC, Justin Sun lawsuit

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Crypto News

The U.S. Securities and Exchange Commission reached a settlement with Tron and founder Justin Sun on Thursday, the SEC said in a court filing. Under the terms of the settlement, Rainberry Inc., one of the companies associated with the Tron network, will pay a $10 million fine and be barred from future violations of securities […]

If They Can Do it to Sun, Who’s Next?’ Say Insiders as WLFI Claims Freeze Was to ‘Protect Users’

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Crypto News

World Liberty Financial (WLFI) is defending its decision to freeze hundreds of wallets, including Tron found Justin Sun’s, saying the move was meant to protect users from phishing-related compromises, not to stifle normal trading. “WLFI only intervenes to protect users, never to silence normal activity,” the project wrote on X. We’ve heard community concerns about […]