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Court enters consent judgment resolving the SEC's Sun defendants case

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The SEC announced a proposed global resolution on March 5, 2026; its later notice records a qualifying judgment or order on March 9. The entered consent judgment dismissed all claims against Justin Sun, Tron Foundation, and BitTorrent Foundation and all remaining Rainberry claims with prejudice, permanently enjoined Rainberry under Securities Act Section 17(a)(3), and ordered Rainberry to pay a $10 million civil penalty. Rainberry did not admit or deny the settled allegation. The payer was Rainberry, not Sun.

Date
2026-03-09
Evidence status
settled
Current status
SEC claims against Sun dismissed; Rainberry ordered to pay $10 million

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