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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
25.9.2024
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance...
Curve mulls dropping TUSD as crvUSD backing after SEC charges
25.9.2024
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin
Curve mulls dropping TUSD as crvUSD backing after SEC charges
25.9.2024
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
25.9.2024
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator...
SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
SEC settles charges against TrueCoin, TrustToken over TrueUSD
24.9.2024
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
24.9.2024
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said...
TrueCoin’s third-party vendor breach potentially leaks TUSD user data
17.10.2023
TrueCoin’s internal systems were not impacted or accessed, as the company confirmed that the attack was an isolated incident and limited to a third-party vendor