Tron requests rejection of the SEC lawsuit, stating that it does not have jurisdiction over "digital assets sold to foreign users on global platforms."
2024-04-01 04:23:00
On April 1st, Tron requested the rejection of a lawsuit by the US Securities and Exchange Commission (SEC), stating that it does not have jurisdiction over "digital assets sold to foreign users on global platforms.". Tron stated that the sales of tokens were "entirely overseas" and the measures taken were to avoid the US market. The US SEC did not accuse them of "initially selling or selling to any US resident," nor did it identify any victims.
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