SEC sues Justin Sun, others over illegal crypto sales

Kitco Media
By Reuters
Published:
Updated:
Reuters
NEW YORK, March 22 (Reuters) - The U.S. Securities and Exchange Commission on Wednesday sued Chinese cryptocurrency entrepreneur Justin Sun, accusing him and other defendants of illegally selling crypto securities and scheming to artificially inflate trading volume in crypto assets. The lawsuit was filed in Manhattan federal court.
(Reporting by Chris Prentice and Jonathan Stempel in New York)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.