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.
Bitcoin24h
$98,346.87-0.30%
Ethereum24h
$3,436.78+2.68%
Solana24h
$258.92+0.87%
BNB24h
$662.11+2.42%
XRP24h
$1.48-6.95%
Dogecoin24h
$0.4486+9.57%
Cardano24h
$1.08-3.30%
TRON24h
$0.2146+2.93%
Avalanche24h
$42.61-3.85%
Toncoin24h
$6.47+16.12%
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.
-
Michael Saylor has lost voting control of MicroStrategy—by Protos Staff
-
Coinbase to delist WBTC months after Justin Sun controversy—by Protos Staff
-
All bitcoin models destroyed: Stock-to-Flow, Power Law, Rainbow—by Protos Staff
-
Is retail back or is MicroStrategy only pumping the price of bitcoin?—by Protos Staff
-
MicroStrategy investors cheer bitcoin ‘yield’ — but few read fine print—by Protos Staff
-
Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next?—by Protos Staff
-
Bit on that thang! Michael Saylor ‘orange pills’ the Hawk Tuah girl—by Protos Staff
-
Polymarket faces US probe as Kalshi exec allegedly fuels wash-trading concerns—by Protos Staff
-
Bitcoin breaks $93,000 amid rumors that Saudi, UAE, or Qatar is buying—by Protos Staff
