“There was no fair notice that the SEC would attempt to pursue claims like those alleged here – reaching global contests and giveaways, free airdrops, and secondary trading in tokens (issued overseas, years earlier) on a developing blockchain, with few specific ties to the United States,” the filing said.
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- Source: https://www.coindesk.com/policy/2024/04/02/tron-foundation-justin-sun-ask-us-court-to-dismiss-sec-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines