U.S. court subpoenas Justin Sun, demanding response to SEC lawsuit within 21 days
The Southern District Court of New York in the United States subpoenaed Sun Yuchen, the founder of Tron blockchain, on 3/14, requiring him to respond to the SEC's lawsuit within 21 days. Failure to respond will result in a default judgment.
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Justin Sun Responds to Subpoena Incident: 4
In response to this, Justin Sun simply used the iconic "4" gesture made by Zhao Changpeng, the founder of Binance, as a way to convey the message of "Don't FUD - Fear, Uncertainty, Doubt." Justin Sun is currently attending the Web Carnival in Hong Kong, where he is receiving a warm welcome from many Chinese-speaking communities.
When faced with a lawsuit from the CFTC, Binance founder Zhao Changpeng also used this method of response. For more information on the CFTC lawsuit, please refer to: Complete Interpretation of CFTC's Lawsuit Against Binance
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