Crypto entrepreneur Justin Sun settles SEC fraud case for $10 million

Justin Sun, founder of TRON, speaks during the Korea Blockchain Week 2025 in Seoul, South Korea, September 23, 2025. REUTERS/Kim Hong-Ji

NEW YORK, March 5 (Reuters) - ⁠The Chinese cryptocurrency entrepreneur Justin Sun reached a $10 million settlement to resolve a U.S. ⁠Securities and Exchange Commission civil fraud case over his trading activity.

Thursday's settlement requires court ‌approval, with the payment made by one of Sun's companies.