TrueUSD firms dodge fraud claims with SEC settlement
TrueCoin and TrustToken have settled SEC charges of misrepresenting TrueUSD as 1:1 backed after funds were sent to a speculative, risky fund.
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TrueUSD bank FlowBank forced into bankruptcy
FINMA claims that FlowBank “no longer has sufficient capital for its operations as a bank” and says it’s worried the bank is “over-indebted.”
Justin Sun affiliated TrueUSD market cap collapses 50% in 7 days
This dramatic fall in the market cap of TrueUSD follows Binance’s delisting of several TrueUSD pairs on March 15.
TrueUSD attestations paused again, this time for improper ‘balances’
TrueUSD, a dollar-pegged stablecoin connected to Justin Sun, have paused its attestations, citing a ‘balances’ issue.
TrueUSD was hacked and issued fake tokens
TrueUSD disclosed a hack of key customer information at about the same time as it had to disclaim tokens issued by deployers.
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Bitcoin supply may not be fixed at 21M, says BlackRock—by Protos Staff
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MicroStrategy blackout period could freeze bitcoin buys in January—by Protos Staff
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Haliey Welch’s HAWK token team breaks silence to shift the blame—by Protos Staff
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Aave could leave Polygon over plan to use bridge funds for yield farming—by Protos Staff
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Coinbase sued over WBTC delisting by Justin Sun-affiliated BiT Global—by Protos Staff
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Tether-linked Cantor Fitzgerald pays $6.75 million SEC penalty—by Protos Staff
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Bitcoin Lightning bug could jam and steal millions of dollars—by Protos Staff
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Google’s quantum computer could break Bitcoin in two ways—by Protos Staff
