Since its founding in 2017, TRON has seen both good and bad developments in the cryptocurrency space. These days, the Securities and Exchange Commission (SEC) of the United States is embroiled in a court battle that is generating news.

The SEC accuses the project of utilising unauthorised security measures. Following that, the project filed a petition with the Federal Court of New York, claiming the Commission's enforcement of US securities laws was oppressive.

The founder of the TRON foundation, Justin Sun, is subject to US jurisdiction, according to an amended complaint filed by the SEC just now. The price of TRON is $0.1118. Analysts believe that the legal circumstances are the reason for the project's variations.

Holders have voiced concerns about this significant decline. They are now taking on more reliable and promising initiatives like kelexo.