Home Regulation U.S. court summons Justin Sun over SEC charges

U.S. court summons Justin Sun over SEC charges

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A U.S. District Court has subpoenaed former TRON CEO Justin Sun in charges previously filed by the U.S. SEC, according to court documents filed. April 12.

This letter, addressed to two addresses in Singapore, notifies Sun that the US Securities and Exchange Commission has filed a lawsuit against Sun.

It says Sun must respond to SEC member Adam Gottlieb within 21 days of receiving the subpoena. Sun must also file a response or motion with the court.

If Sun does not respond, he will be subject to default judgment.

Justin Sun has not explicitly commented on this summons.But he tweeted Post number “4” Around the time of the message — alluding to shorthand for Binance’s ‘ignore’ rule[ing] FUD, fake news, attacks, etc.”

When the SEC announced the indictment a few weeks ago, Sun responded by claiming the complaint was “baseless” and defending his cryptocurrency project.

Sun was first sued by the SEC on March 22 for its involvement in TRON, BitTorrent, and related cryptocurrencies.

Other individual, corporate and celebrity promoters have also been named in connection with these accusations. Most celebrity promoters have settled with the SEC.

The SEC charges were first published on CryptoSlate after a U.S. court subpoenaed Justin Sun.

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