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- #Gate Ranks Top 4 Exchange#
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
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The SEC accused Sun of frequently traveling to the United States to sell Tokens
The US SEC has amended the lawsuit against Tron founder Justin Sun, saying that he travels longest and frequently in the United States, thus giving the court jurisdiction. The SEC charged Sun and his company with selling unregistered securities through Tron and BitTorrent (BTT) tokens and engaging in manipulative Money Laundering transactions. The SEC alleges that Justin Sun spent more than 380 days in the United States between 2017 and 2019, traveling to places like New York, Boston, and San Francisco. Sun said that the Token Sale was conducted entirely overseas, avoiding the US market, so the SEC did not have jurisdiction over it and the Singapore-based Tron Foundation.