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SEC Seeks Final Consent Judgment with Justin Sun's Firms Including $10M Rainberry Penalty
On March 5, 2026, the SEC filed a proposed final judgment to resolve its lawsuit involving Justin Sun, Tron Foundation, BitTorrent Foundation and Rainberry Inc., including a $10M penalty for Rainberry over alleged wash trading. The deal would bar Rainberry from unlawfully offering or selling securities in the future and dismiss all remaining charges with prejudice, while Sun has publicly stated he intends to keep building and engage with regulators on crypto policy.