Justin Sun

Daniel Jaiyong An v. Rafael Cosman et al: Complaint (‘Crypto Dispute’)

July 14, 2023

Complaint in Daniel Jaiyong An v. Rafael Cosman, Alex de Lorraine, Tom Shields, and Archblock Inc., formerly known as TrustLabs Inc., at the Court of Chancery of the State of Delaware.

Michele Mason: $3.8K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $3,820 on Michele Mason Lohan, described as “a film director and internet personality known as 'Kendra Lust'" residing in Michigan, USA, for promoting a crypto security known as “Tronix tokens” without disclosing that she was paid to do so.

Akon: $168K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $168,000 on Aliaune Damala Badara Akon Thiam, described as "a well-known entertainer and internet personality known as 'Akon'" residing in Georgia, USA, for promoting a crypto security known as “Tronix tokens” without disclosing that he was paid to do so.

Shaffer Smith: $48K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $48,000 on Shaffer Smith, described as “a well-known entertainer and internet personality known as 'Ne-Yo'” residing in Georgia, USA, for promoting a crypto security known as “Tronix tokens” without disclosing that he was paid to do so.

Miles McCollum: $40K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $40,000 on Miles McCollum, described as "a well-known recording artist and internet media personality known as 'Lil Yachty'" residing in Georgia, USA, for promoting a crypto security known as “Tronix tokens” without disclosing that he was paid to do so.

Jake Paul: $100K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $100,000 on Jake Paul, described as "a well-known internet personality and professional boxer" residing in Puerto Rico, for promoting a crypto security known as "Tronix tokens" without disclosing that he was paid to do so.

Lindsay Lohan: $40K Penalties (‘Crypto Promotion’)

March 22, 2023

Administrative Order by the U.S. Securities and Exchange Commission imposing penalties totaling $40,000 on Lindsay Lohan, described as "a well-known actress, singer, and internet personality" residing in Dubai, United Arab Emirates, for promoting a crypto security known as "Tronix tokens" without disclosing that she was paid to do so.

SEC v. Justin Sun et al: Complaint (‘Crypto Fraud’)

March 22, 2023

Complaint alleging securities fraud involving crypto in U.S. Securities and Exchange Commission v. Justin Sun, described as "a Chinese national and crypto asset entrepreneur"; Tron Foundation Limited, of Singapore; BitTorrent Foundation Ltd., of Singapore; Rainberry Inc., Austin Mahone, described as "a U.S. citizen and a singer and songwriter residing in Miami, Florida", and Deandre Cortez Way, a.k.a. Soulja Boy, a U.S. citizen and a singer and record producer residing in Calabasas, California", at the U.S. District Court for the Southern District of New York.

11 class actions against 42 defendants in 16 countries alleging sale of unregistered cryptocurrencies

April 4, 2020

The cryptocurrency industry had its own 'Red Wedding' at federal court in Manhattan yesterday when 11 class action complaints alleging the sale of unregistered securities were filed against 42 defendants in the BVI, Canada, Cayman Islands, China, Estonia, Hong Kong, Israel, Japan, Malta, Seychelles, Singapore, South Africa, Switzerland, Taiwan, USA, and Vietnam.

Alexander Clifford et al v. TRON Foundation et al: Class Action Complaint

April 3, 2020

Class Action Complaint alleging the sale of unregistered securities in the form of digital tokens knowns as TRX in Alexander Clifford and Chase Williams v. TRON Foundation, described as a Singapore-domiciled "blockchain-focused software development company ... with offices in California, Singapore, and Beijing"; Justin Sun, and Zhiqiang (Lucien) Chen, described as residents of San Francisco, California, at the U. S. District Court for the Southern District of New York.