SINGAPORE—Crypto entrepreneur Justin Sun, who grabbed headlines for once paying millions to have lunch with Warren Buffett, is getting attention again—only this time for allegedly breaking U.S. securities laws.
The Securities and Exchange Commission on Wednesday said it filed civil charges against Mr. Sun and three of his companies in a Manhattan federal court for offering and selling two unregistered crypto tokens, Tronix, or TRX, and BitTorrent, or BTT. The regulator also alleged that they manipulated the prices of TRX between April 2018 and February 2019.
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