The defense period of the case filed by the US Securities and Exchange Commission (SEC) against Justin Sun and 3 affiliated organizations has been extended by the judge.
SEC on March 22 Justin Sun And to 3 companies He filed a lawsuit. The regulatory body filed a lawsuit against Justin Sun and the organizations. unregistered sale of securities due to fraud and market manipulations He made a series of accusations, including:
A new decision has been made in the case involving Justin Sun, Tron Foundation, BitTorrent Foundation and the institution known as Rainberry. According to the news provided by Bitcoin.com, the judge presiding over the case accepted the request for an extension of time from Jusin Sun and Rainberry’s lawyers. The judge determines the duration of the defense against the charges in question. extended by 76 days and as a deadline December 8, 2023He pointed to .
Now for Justin Sun to prepare to defend for more than 2 months is available. Justin Sun’s lawyers said that there were valid reasons for the postponement.
In the lawsuit filed, SEC TRON (TRX) And Bittorrent (BTT) described it as a security. In his first statement after the case, Justin Sun stated that the accusations were unfounded.