NewsBTC

Mar 6, 2026

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BULLISH 📈 : SEC drops Justin Sun civil case after $10M settlement

Rainberry will pay $10 million. The SEC dismissed its remaining civil claims against Justin Sun and affiliated foundations with prejudice.

The payment ends a long-running case tied to TRX and BTT token activity. Officials described the deal as closure, not an admission of wrongdoing. Bloomberg, Reuters

The court record shows the dismissal with prejudice. The SEC cannot refile these specific civil claims. CourtListener

The case focused on alleged token sales, trading practices, and unregistered offerings involving TRX and BTT tied to Rainberry and the Tron ecosystem. WSJ

Sun maintained he did not admit wrongdoing. He said the outcome lets him focus on products, partnerships, and community. Reuters

Reports framed this as closing the matter for Rainberry, BitTorrent’s owner integrated into Tron. BanklessTimes, Bloomberg

Key points for investors
- Rainberry pays $10m to end the case Reuters
- SEC dismisses civil claims against Sun and foundations with prejudice CourtListener
- Allegations centered on TRX and BTT activities in token sales and trading WSJ
- No admission of wrongdoing by Sun or Rainberry Bloomberg