SEC says Justin Sun ‘traveled extensively’ to US, giving sway to lawsuit
The SEC filed an amended suit against Justin Sun after the Tron founder sought to dismiss the suit last month, claiming the regulator had no jurisdiction.
The United States Securities and Exchange Commission has rejigged its lawsuit against Tron founder Justin Sun, claiming he’s “traveled extensively” throughout the country — thus giving it jurisdiction.
The regulator argues it has “personal jurisdiction” over Sun, Tron and two other businesses he controls, as they “purposefully took actions in and directed toward the United States,” it wrote in an April 17 amended complaint to a Manhattan federal court.
Sun spent a total of over 380 days in the U.S. between 2017 and 2019 on business trips to New York City, Boston and San Francisco, the SEC claimed.
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Author: Jesse Coghlan
