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News Aggregator

6 months ago
TrueUSD (TUSD) Slumps As SEC Accuses TrueCoin, TrustToken of Fraud The Coin Republic 26 Sep 2024

TrueUSD (TUSD) Slumps As SEC Accuses TrueCoin, TrustToken of Fraud

TrueUSD (TUSD) dropped below its $1 peg after the SEC accused TrueCoin LLC and TrustToken Inc. of fraud and issuing unregistered securities.

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement Bitcoin.com 25 Sep 2024

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

Curve Finance considers reducing TUSD exposure after SEC settlement with Trusttoken Inc. and Truecoin LLC.

SEC Reveals 99% of TUSD Stablecoin’s Reserves Were Invested in Risky Fund Beincrypto 25 Sep 2024

SEC Reveals 99% of TUSD Stablecoin’s Reserves Were Invested in Risky Fund

The SEC revealed that TrueCoin LLC and TrustToken Inc. invested almost all TUSD stablecoin reserves in a risky fund, leading to a settlement for fraudulent and unregistered investment sales.

SEC Reaches Settlement with TrueCoin Over Unregistered Sale of TrueUSD Stablecoin Coinotag 24 Sep 2024

SEC Reaches Settlement with TrueCoin Over Unregistered Sale of TrueUSD Stablecoin

The SEC has reached a settlement with TrueCoin LLC and TrustToken Inc. over the unregistered sale of TrueUSD stablecoin.

TrueUSD Backers Settle SEC Charges Over 'Purported Stablecoin' Decrypt 24 Sep 2024

TrueUSD Backers Settle SEC Charges Over 'Purported Stablecoin'

TrueCoin LLC and TrustToken Inc. have settled SEC charges related to fraudulent and unregistered sales of investment contracts over TrueUSD.