Name: Bridged TrueUSD
SKU: TUSD
Price: 0.990895 USD

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TUSD

TrustToken and TrueCoin, the entities behind the TrueUSD (TUSD) stablecoin, last week reached a settlement with the US Securities and Exchange Commission (SEC) over allegations of fraudulent and unregistered sales of investment contracts. The companies have agreed to pay a combined total of $700,000 in penalties and disgorgement without admitting or denying the SEC&#8217;s findings. [&#8230;]

TrustToken and TrueCoin SEC settlement admits no fault or denial in TUSD case

Improper stablecoin investment programs and unregistered selling of securities were among the allegations levied against TrueCoin and TrustToken by the US Securities and Exchange Commission (SEC). As stated in the agency&#8217;s news release, the SEC has settled the allegations against the businesses and ordered them to pay a combined penalty

TrueCoin and TrustToken Settles with SEC for Misleading TUSD Backing

TUSD has always raised concerns among DeFi insiders. Now that the SEC's investigation results have become public, its survival is on the line.

Is TUSD SEC's Settlement The Final Nail In The "Obscure" Stablecoin's Coffin?

Explore the latest in cryptocurrency . Curve Finance may drop TUSD amid SEC charges, PayPal enables crypto trading for businesses, and VISA launches Ethereum tokenization platform

Month in Money 09/2024

The SEC settled charges against TrueCoin and TrustToken for fraudulently marketing the TrueUSD stablecoin as fully backed by U.S. dollars.

TrueUSD Stablecoin Not Fully Backed by US Dollar

Curve Finance, a prominent decentralized platform for stablecoin exchanges, is set to implement a notable alteration. A proposal put forth by the governance user &#8220;WormholeOracle&#8221; on September 25, 2024, recommends excluding TrueUSD (TUSD) as collateral, prompted by regulatory apprehensions over TUSD&#8217;s stability and associated risks.

Curve Finance Rethinks TrueUSD’s Collateral Role

Curve Finance proposes to eliminate TUSD as collateral for crvUSD. Regulatory concerns have triggered changes in TUSD's role in DeFi.

Curve Finance Adjusts TrueUSD’s Role in Stablecoin Trading

CRVUSD

COINOTAG news, on September 27, according to Financefeeds, a groundbreaking proposal from Curve Finance has suggested the removal of TrueUSD (TUSD) from the list of acceptable collateral tokens for its [&#8230;]

Curve Finance Proposal Aims to Eliminate TrueUSD from crvUSD Collateral Due to Regulatory Concerns

USDT

Recently, TrustToken and TrueCoin LLC, which is in operation in the cryptocurrency landscape, have been associated with some wrong stuff. According to the report, American firm TrueDigital and British entity Tether for allegedly lying about covering their stablecoin – TrueUSD (TUSD) — have agreed to pay $5 million each in order for a lawsuit filed [&#8230;]

TrustToken and TrueCoin’s $5M SEC Settlement Marks Key Moment for Stablecoins

Curve Finance proposed the complete removal of TUSD from the crvUSD ecosystem after the US SEC charged TrueCoin with investor fraud. In addition, the DEX proposed reducing the overreliance on PayPal's pyUSD as collateral.

Curve Finance might fully remove TUSD and reduce exposure to pyUSD

Curve Finance, een populaire gedecentraliseerde exchange (DEX), overweegt om TrueUSD (TUSD) te verwijderen als onderpand voor zijn stablecoin crvUSD. Deze stap komt na zorgen over de regulatoire risico&#8217;s rond TUSD, na recente beschuldigingen door de Amerikaanse Securities and Exchange Commission (SEC). Wat is er aan de hand met TrueUSD? TrueUSD, een van de stablecoins die&hellip; Continue reading Curve Finance overweegt TrueUSD te verwijderen als onderpand voor crvUSD1

Curve Finance overweegt TrueUSD te verwijderen als onderpand voor crvUSD

Curve Finance is considering removing TrueUSD (TUSD) as collateral for its native stablecoin Curve USD (crvUSD). 