The SEC settled with TrustToken and TrueCoin for misleading investors about TrueUSD’s (TUSD) reserve backing. By September 2024, 99% of TUSD’s backing was invested in a risky offshore fund, contrary…
Browsing: TUSD
Former Terraform Labs CEO set to be extradited to the US after a private comment by Montenegro’s Justice Minister. Do Kwon is currently facing extradition to both the US and…
Archblock founder sues Justin Sun for secretly purchasing TUSD by using various entities and individuals to conceal his involvement. Sun was previously sued by SEC for engaging in unregistered securities…
Binance continuous support for TUSD triggers concerns within the crypto community. Binance has also been sued by the CFTC for violating regulations. Binance recently announced that it is adding more…