#trusttoken — 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

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement - Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TU... - https://news.bitcoin.com/curve-finance-proposal-eyes-reducing-tusd-exposure-after-sec-settlement/ #wormholeoracle #curve.finance #seccharges #stablecoin #trusttoken #pegkeeper #truecoin #crvusd #defi #tusd #usdm

Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec

Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec

Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec

Curve mulls dropping TUSD as crvUSD backing after SEC charges - The regulator alleged TUSD was 99% backed by a risky offshore fund, rais... - https://cointelegraph.com/news/curve-mulls-dropping-tusd-stablecoin-backing-after-sec-charge #trusttoken #pegkeeper #truecoin #crvusd #curve #tusd #defi #sec

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #sec

Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims - The U.S. Securities and Exchange Commission (SEC) announced settled charges agains... - https://news.bitcoin.com/trusttoken-truecoin-settle-sec-charges-over-misleading-tusd-claims/ #unregisteredsecurities #investorrisk #cryptofraud #regulation #settlement #stablecoin #trusttoken #truecoin #truefi #tusd #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

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD - Despite the minting of $50 million in TUSD, Zhao previously said ... - https://cointelegraph.com/news/binance-mints-50m-trueusd-days-after-paxos-ordered-stop-issuing-busd #newyorkdepartmentoffinancialservices #algorithmicstablecoins #twitterspaces #trusttoken #japan #busd #usdc #usdt #tusd #usdp #euro #yen

Best Crypto to Buy Today 21 November – D2T, TWT, TARO, XEM, IMPT - It has been another gruesome day in the cryptocurrency market, with Bitcoin price sliding... - https://cryptonews.com/news/best-crypto-buy-today-21-november-d2t-twt-taro-xem-impt.htm #altcoinnews #trustwallet #imptpresale #trusttoken #dash2trade #d2ttoken #robotera #impt #taro #twt #d2t #xem #nem

Best Crypto to Buy Today 21 November – D2T, TWT, TARO, XEM, IMPT - It has been another gruesome day in the cryptocurrency market, with Bitcoin price sliding... - https://cryptonews.com/news/best-crypto-buy-today-21-november-d2t-twt-taro-xem-impt.htm #altcoinnews #trustwallet #imptpresale #trusttoken #dash2trade #d2ttoken #robotera #impt #taro #twt #d2t #xem #nem

Best Cryptos to Buy Now 17 November – D2T, TWT, TARO, CHZ, RIA - The untimely collapse of FTX and its sister company Alameda has had far-reaching implicat... - https://cryptonews.com/news/best-cryptos-buy-now-17-november-d2t-twt-taro-chz-ria.htm #altcoinnews #trustwallet #dash2trade #trusttoken #calvaria #robotera #chiliz #trust #taro #d2t #twt #ria #chz

Best Crypto to Buy Now 15 November – D2T, TWT, IMPT, QNT, RIA - The crypto markets remain in wait-and-see mode as investors come to grips with the collap... - https://cryptonews.com/news/best-crypto-buy-now-15-november-d2t-twt-impt-qnt-ria.htm #altcoinnews #imptpresale #trustwallet #dash2trade #trusttoken #quant(qnt) #d2ttoken #calvaria #trust #impt #d2t #ria #twt