SEC Amends Lawsuit Against Tron Founder Justin Sun, Citing Extensive U.S. Travels as Basis for Jurisdiction

The U.S. Securities and Exchange Commission (SEC) has updated its lawsuit against Justin Sun, the founder of Tron, enhancing its jurisdictional claim over him due to his extensive travels in the United States. In a revised filing on April 17, the SEC submitted to a Manhattan federal court that Sun, Tron, and two other associated entities are within its reach because they deliberately engaged in activities aimed at the U.S. market. Justin Sun reportedly spent more than 380 days in the U.S. from 2017 to 2019, traveling to major cities such as New York City, Boston, and San Francisco. These