Tron(TRX) News: SEC Considers Pause in Civil Fraud Case Against TRON Founder Justin Sun
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The U.S. Securities and Exchange Commission (SEC) is considering a pause in its civil fraud case against TRON founder Justin Sun. The move comes as the SEC explores a potential resolution that could be beneficial for all parties involved, including the public. Here’s a closer look at the developments surrounding this case and its potential impact on Tronix (TRX) and the cryptocurrency market.
SEC Considers Stay in Civil Fraud Case Against TRON Founder Justin Sun
The U.S. Securities and Exchange Commission (SEC) is in talks to pause its civil fraud case against TRON founder Justin Sun. The SEC is exploring a possible resolution that could benefit both parties and the public. Attorneys for Sun and the SEC have requested a stay in the case, filed in March 2023, which accuses Sun and his companies of illegally distributing Tronix (TRX) and BitTorrent (BTT) tokens and artificially inflating TRX trading volume. Specifically, the SEC alleges that Sun sold TRX and BTT tokens as investments without proper registration through unregistered bounty programs.
Dogecoin Price Predicted to Drop; Tron Investors Bet on Panshibi ICO
The crypto market in 2025 is rapidly evolving, with Dogecoin facing potential price drops while Panshibi gains traction. Market analysts have expressed concerns about Dogecoin’s recent price movements, which have opened opportunities for alternative projects like Panshibi. Dogecoin, currently at $0.21, has seen a 16% decline in the past week, with predictions suggesting it could drop to $0.10 or even $0.06 if current trends continue. Tron investors, meanwhile, are looking for better returns elsewhere and are showing interest in Panshibi’s new ICO.
Tron (TRX) Holders Shift Into Panshibi (SHIBI) as Meme Coins Dominate Market
Tron (TRX) holders are making a move into Panshibi (SHIBI) as meme coins surge in popularity. With SHIBI’s explosive potential and a 1,200% presale surge projection, investors are shifting funds before the presale closes. SHIBI combines Asian cultural influences with a panda-themed meme coin, creating a unique ecosystem and making it a top contender in DeFi.
