According to Odaily, SEC filings reveal that Sun Weike, father of Justin Sun, has acquired control of the publicly listed company SRM Entertainment through a $100 million TRX token PIPE transaction. The company will be renamed Tron Inc. The deal was arranged by Dominari Securities, which is associated with the Trump family. Following the transaction, Sun Weike will become the chairman of the board, and Tron executives will join the audit, compensation, and nomination committees
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