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This matter has been circulating in the community for a long time, and now the official hammer has finally fallen: The U.S. SEC has officially dropped all charges against Sun Yuchen himself, the Tron Foundation, and the BitTorrent Foundation. The development of the situation is actually quite clear: On March 5, 2026, the SEC filed a document in the Southern District of New York Federal Court proposing a settlement, which has now entered the court process.