Tron and Rainberry: SEC settlement (Mar 2026)
The SEC settled with Tron and Rainberry on March 5, 2026, according to the agency’s own announcement.
- Date
- Agency
- SEC
- Action
- Settlement
- Amounts (as stated)
- $10 million civil penalty (Rainberry)
- Admission
- Without admitting or denying the allegations as to Rainberry on the settled claim
The SEC filed a proposed final judgment settling its claim that Rainberry facilitated wash trading of the TRX crypto asset in 2018-2019, and dismissed with prejudice all remaining claims against Rainberry, Justin Sun, Tron Foundation and BitTorrent Foundation.
Money involved. $10 million civil penalty (Rainberry).
Admission. Without admitting or denying the allegations as to Rainberry on the settled claim.
Questions
What did the SEC say Tron and Rainberry did?
The SEC filed a proposed final judgment settling its claim that Rainberry facilitated wash trading of the TRX crypto asset in 2018-2019, and dismissed with prejudice all remaining claims against Rainberry, Justin Sun, Tron Foundation and BitTorrent Foundation.
How much is Tron and Rainberry paying?
$10 million civil penalty (Rainberry).
See every action in the fintech and crypto enforcement tracker.
- Company (as named)
- Rainberry, Inc. (Tron Foundation, BitTorrent Foundation, Justin Sun)
- Category
- Crypto
- Civil penalty, USD
- $10,000,000
- Agency announcement
- sec.gov
- Order or complaint
- sec.gov
- Sources
Source Link SEC announcement https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26496
Source: the agency’s own press release, litigation release, order or complaint, linked on each record. Charges are allegations; a company is not liable unless a court or agency finds it so.