The Securities and Exchange Commission charged crypto asset entrepreneur Justin Sun and three of his companies with the unregistered offer and sale of crypto asset securities Tronix ($TRX) and BitTorrent ($BTT).
The SEC also charged Sun and his companies for paying eight celebrities and social media influencers to tout $TRX and $BTT without telling their fans and followers that they were being paid to do soand how much they were being compensated, as required.