Justin Sun, the CEO and founder of Tron, has been served a summons by the U.S. District Court and is required to respond within 17 days to the United States Securities and Exchange Commission's (U.S. SEC) lawsuit against him for alleged fraudulent crypto trading activity.
The Southern District of New York has given Sun a deadline to reply to the complaint, and the SEC has sent the summons to both his residential and office addresses. Failure to respond may result in a judgement against Sun in favor of the plaintiff.
I expect a major selloff before the expiration date.
looking forward to read your opinion about it.
Trade active
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Does anyone know what happened with Justin Sun and his response to the US District Court?