SEC Settlement with TrustToken: The Truth Behind TUSD Reserves
The SEC settled with TrustToken and TrueCoin for misleading investors about TrueUSD’s (TUSD) reserve backing. By September 2024,…
Browsing Tag
TrueCoin
6 posts
Curve mulls dropping TUSD as crvUSD backing after SEC charges
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to…
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of…
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC.…
SEC settles charges against TrueCoin, TrustToken over TrueUSD
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.…
Tether’s transparently phony transparency v. Justin Sun’s stable self-hacking
Years dragged on and a change in leadership took place, but Tether still couldn’t provide the transparency in…