Chinese crypto asset entrepreneur Sun Yuchen issued three tweers on Thursday (March 23) to respond to the US Securities and Exchange Commission sued him and his company and American celebrities suspected of fraud.Build the most decentralized financial system.
The US Securities and Exchange Commission (SEC) announced on Wednesday (22nd) local time on the official website that the founder of Bobo, Sun Yuchen and the three wholly -owned companies, TRON, BitTorrent Foundation and Rainberry Inc.(Previously, for BitTorrent) Filtening a lawsuit, accusing them of providing and selling encrypted asset securities TRONIX (TRX) and BitTorrent (BTT), and the secondary market of TRX through a large number of shuffle transactions, involving the simultaneous or almost simultaneously trading at the same time at the same timeSecurities make it look active in transactions, but the actual benefit ownership has not changed actual.SEC also accused Sun Yuchen and others planned a plan to pay unveiled rewards to celebrities to promote TRX and BTT.
In response to SEC's prosecution, Sun Yuchen responded on Twitter on Thursday.Sun Yuchen said, "The US Securities and Exchange Commission's civil prosecution this earlier this time is just the latest example of its action on the blockchain and the encryption field.. "
Sun Yuchen also said:" We are eager to cooperate with governments and regulatory agencies around the world. These institutions are committed to establishing transparent guidelines to regulate the cryptocurrency industry and cooperate with them, because it can play importantFunction. For example, Dominica has recently adopted TRX and BTT as a legal currency. "
Sun Yuchen has also been accused of concealing the cost of promoting TRX and BTT on celebrities on social media accounts.Interested in investing in TRX and BTT, not just paid promotion.
