Is HTX redeeming 80% of TrueUSD?
HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.
Bitcoin24h
$86,173.15+0.64%
Ethereum24h
$2,196.74+3.57%
XRP24h
$2.34-0.55%
BNB24h
$590.85-0.29%
Solana24h
$137.69-0.47%
Cardano24h
$0.8112-1.29%
Dogecoin24h
$0.1925-2.07%
TRON24h
$0.2425-0.72%
Pi24h
$1.66-6.96%
Chainlink24h
$15.20-2.49%
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.
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.
-
All of Burwick Law’s crypto investigations and lawsuits—by Protos Staff
-
IMF wants to doxx Chivo wallets, BTC balances of El Salvador state users—by Protos Staff
-
Are eggs the new bitcoin?—by Protos Staff
-
Genesis-era XRP unlocked, sent to exchange after Trump endorsement—by Protos Staff
-
Every time Tether was going to get an audit—by Protos Staff
-
Trump’s crypto reserve conveniently mirrors David Sacks-backed fund—by Protos Staff
-
Burwick Law founder likely behind Pump Fun memecoin, report—by Protos Staff
-
IMF approves El Salvador’s $1.4B loan but imposes bitcoin restrictions—by Protos Staff
-
What to expect from today’s Senate digital assets hearing—by Protos Staff
