BitTorrent Foundation

Company

Last mentioned: Mar 6, 2026

Timeline

  1. Settlement Reached

    Justin Sun agrees to a $10 million settlement to conclude all pending SEC charges.

  2. Settlement Reached

    SEC and Sun agree to a $10 million settlement to conclude all litigation.

  3. Court Rejects Dismissal

    A U.S. District Court rules that the case can proceed, citing Sun's extensive travel and business in the U.S.

  4. Motion to Dismiss

    Sun's legal team moves to dismiss the case, citing lack of US jurisdiction.

  5. Jurisdictional Challenges

    Sun's legal team moves to dismiss the case, arguing the SEC lacks jurisdiction over foreign entities.

  6. SEC Files Lawsuit

    The SEC charges Justin Sun and his companies with fraud and the unregistered sale of TRX and BTT.

  7. Lawsuit Filed

    SEC charges Justin Sun and his companies with fraud and securities violations.

Stories mentioning BitTorrent Foundation 2

Regulation Bullish

SEC Settles Long-Running Fraud Case Against Justin Sun for $10 Million

The US Securities and Exchange Commission has concluded its enforcement action against crypto entrepreneur Justin Sun, reaching a $10 million settlement to resolve allegations of fraud and securities violations. This agreement marks the end of a high-profile legal battle centered on the TRON and BitTorrent ecosystems.

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