Documents from the U.S. District Court for the Southern District of New York show that the SEC has withdrawn its 2023 lawsuit against Justin Sun, Tron Foundation, and BitTorrent Foundation. Meanwhile, Rainberry (formerly BitTorrent Inc.) has agreed to pay a $10 million civil penalty to the SEC. The case initially accused the parties of conducting unregistered securities offerings through TRX and BTT, as well as engaging in market manipulation. According to the final ruling, the parties reached a settlement without admitting or denying the allegations, with Rainberry agreeing to pay the fine and committing not to engage in deceptive securities market practices. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57658