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Tron(TRX) News: SEC Drops Cases Against Tron and Gemini, Boosting Tron’s Ecosystem

Tron(TRX) News: SEC Drops Cases Against Tron and Gemini, Boosting Tron’s Ecosystem

Author:
TRX News
Published:
2025-02-28 18:37:49
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In a recent development that has sent ripples through the cryptocurrency community, the Securities and Exchange Commission (SEC) has dropped its lawsuits against Tron’s founder, Justin Sun, and his associated companies. This move, coupled with the termination of the SEC’s investigation into the crypto exchange Gemini, marks a significant milestone for Tron and its ecosystem.

SEC Drops Its Case Against Tron and Gemini

The SEC has dropped its lawsuits against Justin Sun and his companies, Tron Foundation, BitTorrent Foundation, and Rainberry. The SEC and Justin’s legal team have agreed to pause the case while they work out the details, proposing a 60-day delay before submitting a status report. Further, the SEC has officially terminated the crypto exchange Gemini case after nearly two years of investigation. This declaration establishes a significant achievement for the platforms and the crypto marketplace. The recent news is sparking interest in the crypto market as investors seek promising coins before the prices spike.

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