Bitcoin24h $104,810.44+1.17%

Ethereum24h $3,255.65+4.86%

XRP24h $3.12+1.96%

Solana24h $238.24+4.13%

BNB24h $677.46+1.48%

Dogecoin24h $0.3310+2.29%

Cardano24h $0.9563+1.81%

TRON24h $0.2518+5.15%

Chainlink24h $24.52+4.22%

Avalanche24h $34.31+5.34%

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.

FTX knew Justin Sun tried to acquire TrueUSD

One of FTX’s general counsels was involved in an attempted acquisition of TrueUSD by Tron and Justin Sun, according to a lawsuit.

Daniel Jaiyong An’s lawsuit suggests Archblock directors were unwilling to fulfil their fiduciary duties to shareholders.

The real-time attestations for TrueUSD have again been paused, citing issues with balances preventing the attestation from being generated.

Control of the private keys for TrueUSD have been transferred to Techteryx, a mysterious conglomerate in Asia with ties to Justin Sun.