SEC accuses Justin Sun of frequent trips to the U.S. to sell tokens

The US SEC has amended its lawsuit against Tron founder Justin Sun, saying that he travels frequently to many places in the United States, which gives the court jurisdiction. The SEC accused Sun and his company of selling unregistered securities through Tron and BitTorrent (BTT) tokens and engaging in manipulative money laundering transactions. The SEC claimed that Sun spent more than 380 days in the United States between 2017 and 2019, and his travel destinations included New York, Boston and San Francisco. Sun said that the token sales were conducted entirely overseas, avoiding the US market, so the SEC had no right to impose jurisdiction on him and the Singapore-based Tron Foundation. (Cointelegraph)