TRON Embroiled in Securities Controversy Again

On January 5th, news spread in China's crypto circles that TRON (TRX) was "being investigated by U.S. regulators for violating securities law." The news came from Adam Cochran, partner at overseas crypto asset investment firm Cinneamhain Ventures. He posted a court document from New York on Twitter claiming that TRON might be under investigation by U.S. regulators, possibly related to Bittorrent and Poloniex. In fact, this court document is a lawsuit filed with the Southern District Court of New York in April 2020.