$1B TRX Filing Triggers SEC, Price Concerns
A TRX $1B securities filing was actually submitted by Tron Inc. this week, and it reveals some pretty ambitious plans to raise capital for massive TRX token purchases. The filing comes right as the Justin Sun SEC investigation continues, with the company’s chairman being Weike Sun – who happens to be Justin Sun’s father. Tron Inc securities filing document – Source: SEC.gov Tron Token Sale Sparks TRX Price Outlook Amid SEC Pressure Source: Shutterstock $1 Billion Registration for TRX Accumulation The crypto regulatory filing outlines how Tron Inc. plans to issue stock, debt, and even other instruments to fund ongoing TRX token purchases. This TRX $1B securities filing represents an aggressive pivot from the company’s traditional toy business into crypto treasury operations, which is quite a shift when you think about it. TRX price chart showing market reaction – Source: Google Finance Vincent Liu, chief investment officer at Kronos Research, had this ...