TechFlow news — On January 5, in response to Adam Cochran, partner at cryptocurrency investment firm Cinneamhain Ventures, speculating that TRON might be under investigation by U.S. regulators, TRON founder Justin Sun stated in a community discussion that TRON faces no risk as it is based on a foundation in Singapore and operates outside the United States. He emphasized that during TRON's ICO, no TRX tokens were sold to any U.S. persons, and TRON has been assessed by internationally renowned law firms as a non-security, supported by formal legal opinions.
Additionally, he noted that TRON’s listing on platforms accessible in the U.S. was conducted only after evaluations and legal opinions from major international law firms confirmed compliance with U.S. regulatory requirements, and that no TRX tokens have been directly or indirectly sold to any U.S. citizens.
According to exchange data, TRX is currently trading at $0.027, down nearly 8.7% over the past 24 hours. (DooPrime)
