SEC issues subpoenas against Justin Sun

Subpoenas for Justin Sun and two celebrities The U.S. Securities and Exchange Commission (SEC) issued a subpoena against Justin Sun, the founder of the crypto asset (virtual currency) Tron (TRX), on the 12th. Failure to respond within 21 days will result in judgment under the SEC’s complaint filed in March. In March, the SEC sued Justin Sun for offering and selling unregistered securities. Eight celebrities, including actress Lindsay Lohan, have also sued, claiming that they were promoting for money. Specifically, we consider both TRX and BTT tokens to be unregistered securities. Sun also allegedly washed trades to make it look