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Hyperliquid24h $28.81+19.10%

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.

Stablecoins boom in 2025 — USDT, USDC and USD1 dominate

2025 has been a great year for stablecoins; we’re seeing new regulatory frameworks, and the president of the United States has launched one.

Justin Sun is involved in several lawsuits, often involving firms in which he’s deeply involved but denies ownership of.

Filings reveal that Techteryx, the firm behind TrueUSD, required a loan from Justin Sun after its reserves got stuck in First Digital Trust.

HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.