Rainberry Inc.

Company

Last mentioned: Mar 6, 2026

Timeline

  1. Settlement Reached

    Justin Sun agrees to a $10 million payment to settle all SEC allegations.

  2. Settlement Reached

    Justin Sun agrees to a $10 million settlement to conclude all pending SEC charges.

  3. Settlement Finalized

    Justin Sun agrees to pay $10 million to resolve all outstanding SEC charges.

  4. Settlement Negotiations

    Reports emerge of active settlement talks between Sun's counsel and the SEC.

  5. Court Rejects Dismissal

    A U.S. District Court rules that the case can proceed, citing Sun's extensive travel and business in the U.S.

  6. Motion to Dismiss Denied

    A federal judge allows the SEC case to proceed, rejecting Sun's jurisdictional challenges.

  7. Motion to Dismiss

    Sun's legal team moves to dismiss the case, arguing the SEC lacks jurisdiction over foreign entities.

  8. Jurisdictional Challenges

    Sun's legal team moves to dismiss the case, arguing the SEC lacks jurisdiction over foreign entities.

  9. SEC Lawsuit Filed

    The SEC charges Justin Sun and his companies with fraud and market manipulation.

  10. SEC Charges Filed

    SEC sues Justin Sun and his companies for fraud and unregistered securities offerings.

  11. SEC Files Lawsuit

    The SEC charges Justin Sun and his companies with fraud and the unregistered sale of TRX and BTT.

Stories mentioning Rainberry Inc. 3

regulation Bearish

Justin Sun Settles SEC Fraud and Market Manipulation Case for $10 Million

Crypto entrepreneur Justin Sun has reached a $10 million settlement with the SEC to resolve allegations of market manipulation and the sale of unregistered securities. The agreement concludes a multi-year legal battle over the Tron and BitTorrent ecosystems, marking a significant milestone in U.S. crypto regulatory enforcement.

2 sources