Justin Sun accuses TrueCoin of a $456 million fraud scheme involving FDT and Dubai connections.
The SEC has settled charges against TrueCoin and TrustToken for falsely marketing the TrueUSD stablecoin as fully backed by U.S. dollars.
TrustToken and TrueCoin have settled SEC charges over defrauding users with TrueUSD, agreeing to pay fines totaling over $500,000.
The SEC has charged Truecoin and Trusttoken for misleading claims about TUSD's backing and engaging in unregistered sales.
Trusttoken and Truecoin settle SEC charges over misleading claims about stablecoin TUSD.
The SEC has charged TrueCoin LLC and TrustToken Inc. over fraudulent and unregistered sales of TrueUSD-related investment contracts.
The SEC has settled charges against TrueCoin and TrustToken over concerns that TrueUSD is undercollateralized and its backing funds are in risky overseas investments.
TrustToken and TrueCoin, now part of Archbock Inc., settled with the SEC over fraud accusations related to misrepresenting the backing of TrueUSD and unregistered securities offerings.
SEC alleges TUSD misled investors and mismanaged reserves. TrueCoin and TrustToken accepted fines to settle the case.
COINOTAG disclosed that the SEC has serious concerns about TUSD reserves, revealing that 99% of TUSD reserves are in speculative offshore funds. TrustToken and TrueCoin face accusations of deceiving investors.
The SEC has sued TrustToken and TrueCoin, alleging they defrauded investors by investing 99% of TUSD stablecoin reserves in a speculative offshore fund.
The SEC has accused TrustToken and TrueCoin of defrauding investors, marking a significant development in the cryptocurrency sector.
