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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.

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.