October 23, 2024
Blockchain firm Tron Foundation and its founder Justin Sun on Wednesday partially lost their bid to dismiss a shareholder suit alleging they sold unregistered tokens in a 2017 initial coin offering, with a New York federal judge ruling the claims have enough of a connection to New York to proceed.
December 16, 2020
China-based blockchain software developer Tron Foundation urged a New York federal judge to toss a "fatally flawed" lawsuit that claims it misled investors and illegally sold them unregistered tokens in a 2017 initial coin offering, saying the case has "no connection" to New York.
July 01, 2020
Roche Cyrulnik Freedman LLP and Selendy & Gay PLLC will work together to represent a proposed class of investors in a suit in Manhattan federal court alleging blockchain software developer TRON Foundation and two of its co-founders made more than $70 million selling unregistered securities.
April 06, 2020
Investors filed a barrage of proposed securities class actions against four crypto-asset exchanges and seven digital token issuers for allegedly offering and selling billions of dollars worth of unregistered tokens, according to 11 suits brought in New York federal court late Friday.