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SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges

The Daily Hodl
SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges
Bitcoin
SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges

Federal securities regulators have reached an agreement with TrueUSD (TUSD) issuer TrueCoin and lending protocol operator TrustToken to settle charges for the alleged and fraudulent sale of unregistered investment contracts. The US Securities and Exchange Commission (SEC) accuses TrueCoin and TrustToken of offering and selling TUSD as an unregistered security from November 2020 to April […]

The post SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges appeared first on The Daily Hodl.

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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

Bitcoin.com
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement
bitcoin.com
Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC SettlementCurve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […]
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Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims

Bitcoin.com
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD Claims
bitcoin.com
Trusttoken, Truecoin Settle SEC Charges Over Misleading TUSD ClaimsThe U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […]
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The Quest for True AI Consciousness – From the Turing Test to Consciousness 2.0

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