#trueusd — Public Fediverse posts

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

#corruption #uspol #asia #hongkong #crime #TrueUSD #WorldLibertyFinancial #WLFI #crime #Trump #TrumpCoin #USD1 #FirstDigital

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

#corruption #uspol #asia #hongkong #crime #TrueUSD #WorldLibertyFinancial #WLFI #crime #Trump #TrumpCoin #USD1 #FirstDigital

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

#corruption #uspol #asia #hongkong #crime #TrueUSD #WorldLibertyFinancial #WLFI #crime #Trump #TrumpCoin #USD1 #FirstDigital

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

#corruption #uspol #asia #hongkong #crime #TrueUSD #WorldLibertyFinancial #WLFI #crime #Trump #TrumpCoin #USD1 #FirstDigital

#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.

> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."

https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/

#corruption #uspol #asia #hongkong #crime #TrueUSD #WorldLibertyFinancial #WLFI #crime #Trump #TrumpCoin #USD1 #FirstDigital

Tron Founder Justin Sun Steps In To Stabilize TUSD After $456M Reserve Crisis - Justin Sun, the founder of Tron, stepped in to provide crucial financial support to TrueU... - https://coingape.com/tron-founder-justin-sun-steps-in-to-stabilize-tusd-after-456m-reserve-crisis/ #24/7cryptocurrencynews #stablecoinnews #tronfounder #justinsun #trueusd

Tron's Justin Sun Bailed Out TUSD as Stablecoin's $456M Reserves Were Stuck in Limbo, Filings Show - Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion d... - https://www.coindesk.com/markets/2025/04/02/tron-s-justin-sun-bailed-out-tusd-as-stablecoin-s-usd456m-reserves-were-stuck-in-limbo #justinsun #exclusive #markets #trueusd

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD - “crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track re... - https://www.coindesk.com/markets/2024/09/26/curve-finance-mulls-removing-trueusd-as-collateral-for-stablecoin-curve-usd/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #markets #trueusd #curve #news #dex

US SEC Charges TrueUSD Stablecoin Backers With $700K Penalty - The US Securities and Exchange Commission (SEC) has settled with TrueCoin and TrustToken... - https://cryptonews.com/news/us-sec-charges-trueusd-stablecoin-backers-with-700k-penalty/ #altcoinnews #stablecoin #trueusd #sec

American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.

While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.

Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)

link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf

#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun

American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.

While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.

Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)

link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf

#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun

American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.

While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.

Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)

link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf

#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun

American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.

While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.

Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)

link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf

#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun

American #SEC has filed suit against #TrueUSD / #TrustToken arguing that its reserves consisted of 99% illiquid offshore assets and it became unbacked by actual dollars ca. 2022.

While most people outside of #crypto have never heard of TrueUSD's token #TUSD (a competitor to #Tether's #USDT; see my pinned toot) it's worth understanding that TUSD was for most of a year the single most important #stablecoin and the one that was responsible for the *vast* majority of #bitcoin trades on by far the largest crypto marketplace, #Binance. The company is also rumored to be owned by the sketchiest guy in crypto, #JustinSun.

Put another way: the price of #Bitcoin was measured in TUSD, not real USD for most of last year. (Now it's measured mostly in an even sketchier stablecoin #FDUSD.)

link: https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-145.pdf

#Uspol #uspolitics #finance #markets #stockmarket #btc #garygensler #justinSun

TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing - TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled... - https://www.coindesk.com/policy/2024/09/24/trusttoken-truecoin-settle-with-sec-over-fraud-accusations-in-stablecoin-investing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #securitiesandexchangecommission #regulations #enforcement #stablecoins #trusttoken #trueusd #policy #news

SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec

SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec

SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec

SEC settles charges against TrueCoin, TrustToken over TrueUSD - The securities regulator claims the token is undercollateralized and its... - https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud #investmentcontracts #unregisteredsales #cryptoregulation #stablecoinfraud #secsettlement #trusttoken #truecoin #trueusd #truefi #tusd #sec

Breaking: US SEC and TrueUSD Issuer TrustToken Settles Securities Charges - The US Securities and Exchange Commission (SEC) has announced charges settlement with Tru... - https://coingape.com/breaking-us-sec-and-trueusd-issuer-trusttoken-settles-securities-charges/ #24/7cryptocurrencynews #trueusd #ussec

Binance Removes These BTC, TUSD, BNB Pairs, What’s Happening? - Binance, the world’s largest cryptocurrency exchange, announced the delisting of several ... - https://coingape.com/binance-removes-these-btc-tusd-bnb-pairs-whats-happening/ #24/7cryptocurrencynews #binance(bnb)coin #altcoinnews #bitcoinnews #binance #bitcoin #trueusd

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd

TUSD’s Supply Halves as It Drops to 8th Rank Among Stablecoins - Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease i... - https://news.bitcoin.com/tusds-supply-halves-as-it-drops-to-8th-rank-among-stablecoins/ #firstdigitaltrust #cryptocurrency #stablecoins #altcoins #ethereum #trueusd #crypto #tron #tusd

Binance to Delist Multiple TrueUSD Trading Pairs – What’s Going On? - Binance, the world’s largest cryptocurrency exchange, has announced its plan to delist mu... - https://cryptonews.com/news/binance-to-delist-multiple-trueusd-trading-pairs-whats-going-on.htm #blockchainnews #binance #trueusd

Binance Announces Removal Of BNB & TUSD Spot Trading Pairs, What’s Happening? - Binance, the largest cryptocurrency exchange, has announced the removal of several spot t... - https://coingape.com/binance-news-removal-of-bnb-tusd-spot-trading-pairs-whats-happening/ #24/7cryptocurrencynews #cryptoexchangebinance #binance(bnb)coin #altcoinnews #binance #trueusd

Binance Announces Removal Of BNB & TUSD Spot Trading Pairs, What’s Happening? - Binance, the largest cryptocurrency exchange, has announced the removal of several spot t... - https://coingape.com/binance-news-removal-of-bnb-tusd-spot-trading-pairs-whats-happening/ #24/7cryptocurrencynews #cryptoexchangebinance #binance(bnb)coin #altcoinnews #binance #trueusd

Binance Announces Removal Of BNB & TUSD Spot Trading Pairs, What’s Happening? - Binance, the largest cryptocurrency exchange, has announced the removal of several spot t... - https://coingape.com/binance-news-removal-of-bnb-tusd-spot-trading-pairs-whats-happening/ #24/7cryptocurrencynews #cryptoexchangebinance #binance(bnb)coin #altcoinnews #binance #trueusd

Binance Announces Removal Of BNB & TUSD Spot Trading Pairs, What’s Happening? - Binance, the largest cryptocurrency exchange, has announced the removal of several spot t... - https://coingape.com/binance-news-removal-of-bnb-tusd-spot-trading-pairs-whats-happening/ #24/7cryptocurrencynews #cryptoexchangebinance #binance(bnb)coin #altcoinnews #binance #trueusd

Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho

Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho

Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho

Stablecoin TUSD Remains Below Intended $1 Peg as Avara’s GHO Surges to Near-Peg Heights - Market analysis reveals ongoing stability challenges for the stablecoin trueusd in... - https://news.bitcoin.com/stablecoin-tusd-remains-below-intended-1-peg-as-avaras-gho-surges-to-near-peg-heights/ #cryptocurrency #stablecoins #altcoins #binance #trueusd #crypto #avara #depeg #aave #tusd #gho

Bit.Store to Include TUSD for Card Recharge as Stablecoin Gains Reliability - The rise of TrueUSD (TUSD) as a stablecoin has seen many card providers integrate the tok... - https://coingape.com/bit-store-to-include-tusd-for-card-recharge-as-stablecoin-gains-reliability/ #24/7cryptocurrencynews #cryptocurrency #bit.store #trueusd #crypto

TrueUSD (TUSD) Depegs To $0.9712, Here’s Why. - TrueUSD (TUSD) recently experienced a significant de-pegging, plummeting to $0.9712 from ... - https://coingape.com/trueusd-tusd-depegs-to-0-9712-heres-why/ #24/7cryptocurrencynews #stablecoinnews #stablecoins #binance #trueusd

TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold - Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from... - https://news.bitcoin.com/tusds-stability-wavers-value-fluctuates-below-1-peg-amid-market-turbulence-and-binances-dominant-hold/ #cryptocurrency #stablecoins #depegging #altcoins #ethereum #binance #trueusd #crypto #depeg #tron #tusd

TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold - Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from... - https://news.bitcoin.com/tusds-stability-wavers-value-fluctuates-below-1-peg-amid-market-turbulence-and-binances-dominant-hold/ #cryptocurrency #stablecoins #depegging #altcoins #ethereum #binance #trueusd #crypto #depeg #tron #tusd

TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold - Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from... - https://news.bitcoin.com/tusds-stability-wavers-value-fluctuates-below-1-peg-amid-market-turbulence-and-binances-dominant-hold/ #cryptocurrency #stablecoins #depegging #altcoins #ethereum #binance #trueusd #crypto #depeg #tron #tusd

TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold - Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from... - https://news.bitcoin.com/tusds-stability-wavers-value-fluctuates-below-1-peg-amid-market-turbulence-and-binances-dominant-hold/ #cryptocurrency #stablecoins #depegging #altcoins #ethereum #binance #trueusd #crypto #depeg #tron #tusd

TrueUSD Stablecoin Depegs As Whales Dump TUSD Amid Regulatory Woes - In a surprising turn of events, TrueUSD (TUSD), the stablecoin issued by TrustToken, has ... - https://coingape.com/trueusd-stablecoin-depegs-as-whales-dump-tusd-amid-regulatory-woes/ #24/7cryptocurrencynews #stablecoinsregulations #stablecoinnews #stablecoin #trueusd

TrueUSD (TUSD) Partners With Top Accounting Firm To Enhance Transparency For Crypto Holders - In a significant move to enhance transparency and trust, TrueUSD (TUSD) has partne... - https://coingape.com/trueusd-tusd-partners-with-top-accounting-firm-to-enhance-transparency-for-crypto-holders/ #24/7cryptocurrencynews #stablecoinnews #stablecoin #trueusd #tusd

Breaking: TrueUSD (TUSD) Stablecoin Depegs, Here’s Why - TrueUSD (TUSD) stablecoin depegs and dropped to a low of $0.995 amid various facto... - https://coingape.com/trueusd-tusd-stablecoin-depegs-heres-why/ #24/7cryptocurrencynews #stablecoinnews #trueusd #tusd

From payments to DeFi: A closer look at the evolving stablecoin ecosystem - The stablecoin ecosystem has evolved significantly over the years... - https://cointelegraph.com/news/payments-defi-stablecoin-adoption #stablecoin #usdcoin #trueusd #tether #terra

TrueUSD's Client Data Exposed in Third-Party Security Breach - Stablecoin issuer TrueUSD recently fell victim to a third-party security breach that led ... - https://cryptonews.com/news/trueusds-client-data-exposed-in-third-party-security-breach.htm #blockchainnews #trueusd #hacking

Binance's zero-fee Bitcoin update could echo March downturn - In an official statement, cryptocurrency exchange Binance unveile... - https://cointelegraph.com/news/binance-s-zero-fee-bitcoin-update-could-echo-march-downturn #cryptocurrencyexchange #cryptocurrencies #binance #trueusd #tokens

Stablecoin TrueUSD Owner Techteryx to Take Full Control of Operation - Techteryx assumed "full management full management of all offshore operations and service... - https://www.coindesk.com/business/2023/07/14/stablecoin-trueusd-owner-techteryx-to-take-full-control-of-operation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #finance #trueusd #news

Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko - The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, a... - https://www.coindesk.com/markets/2023/07/13/crypto-markets-highly-dependent-on-stablecoins-lacking-transparency-tusd-poses-risk-kaiko/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #stablecoin #markets #trueusd #kaiko #news #usdt

Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks - The top stablecoins have continued to see redemptions over the past 30 days as the... - https://news.bitcoin.com/top-stablecoins-see-steady-decline-over-past-month-as-dollar-pegged-token-economy-shrinks/ #marketcapitalization #dollaraltcoins #dollar-pegged #redemptions #stablecoins #tradevolume #statistics #altcoins #exchange #supplies #binance #economy #trueusd #usdcoin #wallets #crypto #tether

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June - The market capitalization of the stablecoin economy on July 2, 2023, has fallen be... - https://news.bitcoin.com/redemptions-plague-stablecoin-economy-wiping-out-over-2-billion-in-june/ #marketcapitalization #dollar-peggedtokens #dollar-peggedcoins #stablecoineconomy #marketvaluation #cryptoeconomy #cryptomarket #tokeneconomy #tradevolumes #redemptions #stablecoins #statistics #altcoins #trueusd #losses #supply