SEC Summons Tron Founder Justin Sun, Rapper Soulja Boy, and YouTube Star Austin Mahone Over Unregistered Tokens
The US Securities and Exchange Commission (SEC) has issued a summons for Tron Foundation Ltd.
Keep up with what's happening in the crypto world in real-time.
The US Securities and Exchange Commission (SEC) has issued a summons for Tron Foundation Ltd.
In a recent development, a United States court has issued a summons to Tron founder Justin Sun's Singapore address, as part of an ongoing Securities and Exchange Commission (SEC) civil case. The legal action against Sun, a prominent figure in the crypto world, showcases the SEC's continued pursuit of alleged securities law violators.
The BitTorrent owner, YouTube singer and 'Crank That' rapper have 21 days to reply in court to charges made by the U.S. markets regulator .
The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities.
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The Tron network stood at the brink of a rude awakening after Binance revealed that TRX would be among the cryptocurrencies to be delisted from the exchange. The announcement had a negative impact on TRX demand based on the market's reaction.
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance's being sued by the U.S.
Three weeks after the U.S. SEC accused Justin Sun of fraudulently inflating the price of Tron (TRX), Binance.US, the American arm of the world's largest digital asset exchange Binance, has announced that it will delist the token from its trading platform.
The US=based division of crypto exchange Binance recently revealed that it will be removing support for digital tokens TRON (TRX) and Spell from its virtual currency trading platform. This update has now sent the market prices of both these assets down considerably today.
In its delisting announcement, Binance.US said it would remove TRON's TRX from its trading platform on April 18th.
The native token of Justin Sun's TRON, known as TRX, will shortly be delisted from the US branch of the crypto exchange Binance.
3 weeks after the Securities and Exchange Commission charged Justin Sun and his companies for various violations, Binance has decided to delist the $TRX token. $TRX doesn't meet the standard of excellence?
Cryptocurrency exchange Binance's US arm will soon delist TRX, the native token of Justin Sun's crypto platform Tron.
Binance said that it would be removing TRX just hours after Justin Sun fought off arrest rumors.
Binance.US announced that it will delist Tron (TRX) effective 18 April 18 2023, because it does not meet the crypto-exchange's high standards.
With the Bitcoin halving event just a year away, many in the crypto community are anticipating another bull run, while TRX coin, linked to Justin Sun's TRON platform, faces delisting from Binance US, creating an interesting juxtaposition of expectations.
Binance.US will delist TRX, a popular cryptocurrency token from Tron, on April 18, but Tron's founder expressed confidence that the move won't affect the coin's market much.
Three weeks after the SEC accused Justin Sun of manipulating the price of TRX, Binance US said it will delist the asset.
Binance has announced the delisting of TRON, in a move that was carried out after the US Securities and Exchange Commission's recent action against the crypto mogul.
The price of TRON (TRX) is sliding below the moving average lines.
According to CryptoSlate data, TRON (TRX) price recorded a 4.81% fall in the last 24 hours after Binance.US announced it's delisting TRX and Spell (SPELL) on April 12. Binance.US stated that the tokens would be delisted on April 18, as the announcement said.
Binance US has announced that it will delist TRON (TRX) and Spell (SPELL) tokens on April 18. TRX staking will end on April 13, while deposits for both tokens will be suspended on April 17, at 7 p.
Binance US has officially declared that TRX (CRYPTO: TRX), affiliated with Justin Sun‘s Tron crypto platform, will no longer be available for trading on the exchange from April 18.
