SEC Seeks $10 Million Settlement in Justin Sun TRON Case as TRX Faces Post-Lawsuit Reset

On Wednesday, the U.S. Securities and Exchange Commission moved to resolve its high-profile lawsuit against Justin Sun by asking a court to approve a $10 million civil penalty to be paid by Rainberry Inc. The proposed judgment would dismiss with prejudice all claims against Sun, the Tron Foundation and the BitTorrent Foundation, easing a long-running legal overhang for TRX and BTT holders. While the deal would bar Rainberry from future securities violations, it does not settle whether the tokens themselves are securities, leaving their regulatory classification unresolved.