Archblock files for bankruptcy, blames fraud and Justin Sun-linked deal
Archblock, TrustToken, and TrueCoin, firms originally behind TrueUSD, declared bankruptcy after being defrauded by a “criminal enterprise.”
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Celsius estate alleges TrueUSD firms gambled customer deposits
Celsius has filed a lawsuit against Archblock, alleging that it’s failed to redeem millions of dollars worth of stablecoins.
TrueCoin attestations missing but Archblock launches new product
Archblock, the company behind most TrueCoins, has launched a product with Adapt3r Digital to help investors gain exposure to US Treasuries.
Former Archblock CEO Daniel Jaiyong An is suing Archblock
Daniel Jaiyong An’s lawsuit suggests Archblock directors were unwilling to fulfil their fiduciary duties to shareholders.
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Coldcard attack: 25 minutes, 500 wallets, $38M in BTC gone—by Protos Staff
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Former FTX member Leopold Aschenbrenner’s $20B AI fund blows up—by Protos Staff
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Credit default swaps forecast AI bankruptcies—by Protos Staff
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Zcash 10X’d in a year but DCG’s Zcash miner kept losing money—by Protos Staff
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Search engines fix Claude leak but Perplexity users’ files still online—by Protos Staff
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Inside the mystery of BitMEX’s insurance fund—by Protos Staff
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European Union sanctions Justin Sun’s HTX—by Protos Staff
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Intel posts record $16B growth, workers rewarded with job cuts—by Protos Staff
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TRM claims HTX is rotating wallets to ‘stay ahead of screening’—by Protos Staff
