On August 17th, according to Tronscan, the Tron network added 213,900 new accounts in the past 24 hours. The network's TVL exceeded 21 billion US dollars, with a 24-hour increase of 1.68%.

Tether CEO Paolo Ardoino wrote on X platform that according to Lookonchain monitoring data, the 24-hour trading volume of USDT on the Tron network reached 53 billion US dollars, surpassing the daily average transaction volume of payment giant Visa of 42 billion US dollars.

The TRON Foundation and its founder Justin Sun have requested the dismissal of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) in March 2023, which accuses them of selling and airdropping unregistered securities, fraud, and market manipulation. In a filing to the District Court of the Southern District of New York, the defendants argued that the SEC failed to establish jurisdiction over foreign defendants and that its attempts to extend U.S. securities laws to predominantly foreign conduct were excessive. Rainberry, another defendant, did not contest the court's jurisdiction but asked for dismissal on other grounds, including lack of fair notice and premature action under the major questions doctrine.

Tron has filed a lawsuit in the New York Federal Court seeking to dismiss the lawsuit brought by the US Securities and Exchange Commission (SEC). The platform requests that the court dismiss the case based on the principle of materiality and points out that the SEC does not have exclusive power over the cryptocurrency field. Tron's main concern is the regulatory agency's interference with the platform's provision of foreign digital assets to foreign buyers on a global scale. Tron argues that the regulatory agency is attempting to apply US securities laws to "primarily foreign conduct," which exceeds the SEC's authority. Tron further adds that while the SEC is not a "global regulatory agency," its intervention in foreign affairs goes beyond its limits. In a recent motion filed, Tron argues that these tokens do not belong to investment contracts based on the Howey test. Additionally, the motion accuses the SEC's allegations of lacking "specificity" and generalizing the charges without mentioning any victims.

According to official sources, on December 21st, Sun Yuchen, the founder of TRON and a member of the global advisory committee of Huobi HTX, expressed through his personal social media account that he has been in business for ten years and knows the heavy responsibility on his shoulders. He will do his best to do his job well. Sun Yuchen also stated that he no longer feels unfair or unjust about negative media coverage, but only cares about whether the assets of Huobi HTX users are 100% safe and whether the transfer services of two billion TRON users are smooth, decentralized and secure enough. He also stated that he promised people to create a better financial order through blockchain technology and cannot disappoint everyone. However, this goal requires satisfaction from regulation, users, and society, and more time to do more things. Regarding recent industry regulatory issues, he also stated that decentralization and compliance are the general trend, and he will do his best to do his job well.

According to data released by Lookonchain, in November, USDT worth $5 billion was minted on Tron and Ethereum. On the Ethereum blockchain, the whale address "0x1dBb" received about 1.5 billion USDT from Tether Treasury and transferred it to an exchange. On Tron, 2.56 billion USDT was transferred from Tether Treasury to Kraken via the deposit address "TQef1n".