Tron (TRX) Continues To Flex Its Crypto Muscles, Hires SEC Attorney

Tron Brings On Former SEC Attorney Tron, a company headed by Justin Sun, has undoubtedly had a good week. The firm’s strong performance continued on Wednesday. According to a press release from the Tron Foundation, the world-renowned blockchain startup has hired a supervisory attorney formerly of the U.S. Securities and Exchange Commission (SEC), arguably crypto’s best friend and worst enemy simultaneously. The release, issued on Wednesday, revealed that David Labhart, a “seasoned regulatory industry executive,” will now act as Tron’s head of compliance, aiding the upstart in interacting with global regulators, specifically from a crypto and blockchain context. Sun explained that as the cryptocurrency sector continues to mature at an unbridled pace, investors and regulatory entities will need to come to trust Tron, as the chief noted that his organization has “forward-thinking and stable growth trajectory.” He added that he doesn’t expect his firm’s dealings to “run afoul of any…

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