TrueUSD (TUSD) is a cryptocurrency and operates on the Ethereum platform. TrueUSD has a current supply of 494,515,083. The last known price of TrueUSD is 0.99676106 USD and is up 0.05 over the last 24 hours. It is currently trading on 578 active market(s) with $13,482,898.41 traded over the last 24 hours. More information can be found at https://tusd.io/.
Justin Sun has intensified his global campaign to recover the missing $456 million in TUSD reserves, following a major legal breakthrough secured through the Dubai International Financial Centre (DIFC) Court.
Source name: cryptosnewss.com
4 days, 42 minutes ago
Justin Sun, in a media briefing he held in Hong Kong titled “Truth Unveiled, Justice Revealed,” has shared an update on the ongoing effort to recover $456 million in missing TUSD reserves.
Source name: cryptopolitan.com
4 days, 2 hours, 7 minutes ago
A Dubai court has frozen roughly $456 million connected to TrueUSDs reserves, marking a major development in an ongoing dispute involving stablecoin operator Techteryx, fiduciary custodian First Digital Trust (FDT), and the Aria Group. The funds became illiquid in 2023 after being redirected into complex investment structures tied to Aria, a move that led to a significant shortfall and forced an emergency bailout from Justin Sun to keep TrueUSD operational.
Source name: tokenpost.com
13 days, 22 hours, 41 minutes ago
A Dubai court has ordered a worldwide freeze on $456 million in assets linked to the alleged diversion of TrueUSD reserves.
Source name: cryptonews.com
18 days, 21 hours, 37 minutes ago
Dubais Digital Economy Court has issued its first-ever worldwide freezing order in a high-stakes legal battle involving a $456 million TrueUSD (TUSD) reserve shortfall. The dispute, which forced Tron founder Justin Sun to step in and support token holders, revolves around allegations that TUSD reserve funds were misused to finance risky ventures through Aria Commodities DMCC, a Dubai-based trade-finance firm.
Source name: tokenpost.com
19 days, 4 hours, 39 minutes ago
The $456 million reserve shortfall that forced Justin Sun to bail out the token holders of the TrueUSD stablecoin is now the subject of a worldwide freezing order upheld by Dubai's Digital Economy Court.
Source name: coindesk.com
19 days, 9 hours, 9 minutes ago
Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond crypto natives.
Source name: coindesk.com
2 months, 13 hours, 17 minutes ago
BitMEX, one of the safest crypto exchanges, today announced the findings of its comprehensive study on XBTUSD, the longest-running Bitcoin perpetual swap, to shed light on the evolution of the funding rate market. The research, spanning from May 2016 to May 2025, reveals a significant shift in funding rate patterns, marking a transition from high volatility to unprecedented market stability.
Source name: beincrypto.com
5 months, 19 hours, 7 minutes ago
Sun claimed that First Digital Trust misappropriated $465 million worth of TrueUSD stablecoin reserves, which is being denied by FDT.
Source name: theblock.co
7 months, 16 hours, 39 minutes ago
Tron founder Justin Sun has announced a $50 million bounty for information to help recover $456 million in misappropriated Trueusd stablecoin reserves. Sun Blames Licensed Intermediaries Tron founder Justin Sun has announced a $50 million bounty for information that will aid in the recovery of $456 million in misappropriated Trueusd stablecoin reserves.
Source name: news.bitcoin.com
7 months, 9 hours, 42 minutes ago
As the First Digital Trust saga deepens, Tron founder Justin Sun has announced plans to launch a bounty program. The outspoken founder says the bounty will seek to recover misappropriated TUSD reserves while casting blame on First Digital Trust.
Source name: coingape.com
7 months, 11 hours, 22 minutes ago
Justin Sun is offering $50M bounty for information and evidence that First Digital Trust has diverted funds and has insufficient backing for its stablecoin, FDUSD. Previously, Sun supported TUSD with a loan, after its issuer Techteryx lacked $456M in liquidity to back up the stablecoin.
Source name: cryptopolitan.com
7 months, 11 hours, 54 minutes ago
Sun said at a press conference that the current laws contain systemic loopholes.
Source name: coindesk.com
7 months, 18 hours, 24 minutes ago
Tron founder Justin Sun provided emergency funding to stabilize TrueUSD after its issuer faced a $456 million liquidity crisis due to illiquid investments, ensuring continued redemptions for users amidst allegations of mismanagement. The post Tron Founder Justin Sun Provides Emergency Funding to Stabilize TUSD Amid Reserve Crisis appeared first on Cryptonews.
Source name: cryptonews.com
7 months, 7 hours, 6 minutes ago
Tron founder Justin Sun accused First Digital Trust of being insolvent regarding its TUSD stablecoin. This prompted another FDUSD, another asset from the same company, to temporarily depeg to a low of $0.87.
Source name: beincrypto.com
7 months, 8 hours, 44 minutes ago
According to a Hong Kong court filings, Justin Sun stepped in to bail out Techteryx's TrueUSD (TUSD) stablecoin after it saw nearly half a billion dollars of its reserves rendered illiquid. The issue started after Techteryx acquired TrueUSD from TrueCoin in December 2020.
Source name: cryptopolitan.com
7 months, 9 hours, 53 minutes ago
The First Digital US-dollar pegged stablecoin (FDUSD) depegged on April 2 following claims of insolvency from Tron network founder Justin Sun, who said that the issuer of the tokenized fiat equivalent, First Digital, is insolvent.First Digital responded to the claims by assuring users that the issuer is completely solvent and said that the dispute is with TrueUSD (TUSD), another stablecoin. The firm wrote in an April 2 X post: "Every dollar backing FDUSD is completely, secure, safe and accounted for with US backed T-Bills.
Source name: cointelegraph.com
7 months, 11 hours, 8 minutes ago
Justin Sun, the founder of Tron, stepped in to provide crucial financial support to TrueUSD (TUSD) following a $456 million reserve crisis that left the stablecoin's reserves in a state of limbo. According to court documents filed in Hong Kong, a series of financial missteps and unauthorized investments by TUSD's fiduciary led to a significant
Source name: coingape.com
7 months, 11 hours, 22 minutes ago
Techteryx is suing First Digital for allegedly redirecting nearly half a billion dollars worth of TUSD reserves into illiquid investments.
Source name: theblock.co
7 months, 12 hours, 18 minutes ago
Techteryx says it was the victim of what it called "large-scale fraud" rendering TUSD's stablecoin reserves stuck in illiquid investments made without its permission
Source name: coindesk.com
7 months, 14 hours, 18 minutes ago
Binance launches $SLERFUSDT and $SCRTUSDT perpetual contracts with up to 75x leverage. A crypto whale purchases $2.62 million worth of $SLERF, acquiring 6.13 million tokens.
Source name: thenewscrypto.com
1 years, 11 hours, 56 minutes ago
Binance Futures announced the launch of GRASSUSDT, DRIFTUSDT, and SWELLUSDT perpetual contracts with leverage of up to 75x. These contracts went live offering traders additional exposure to Solana's GRASS token, as well as DRIFT and SWELL.
Source name: coingape.com
1 years, 9 hours, 23 minutes ago
The SEC has settled the allegations and ordered a combined penalty of $700,000. The lawsuit was filed at the U.S. District Court for the Northern District of California.
Source name: thenewscrypto.com
1 years, 14 hours, 22 minutes ago
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's findings.
Source name: cryptoslate.com
1 years, 15 hours, 37 minutes ago
The SEC settled charges against TrueCoin and TrustToken for fraudulently marketing the TrueUSD stablecoin as fully backed by U.S. dollars.
Source name: coincu.com
1 years, 2 hours, 6 minutes ago
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.
Source name: dailyhodl.com
1 years, 9 hours, 42 minutes ago
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.
Source name: cryptopolitan.com
1 years, 13 hours, 36 minutes ago
The proposal suggests reducing TUSD's collateral backing to zero, effectively ending its support for crvUSD if approved.
Source name: coinspeaker.com
1 years, 15 hours, 21 minutes ago
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.
Source name: coindesk.com
1 years, 18 hours, 56 minutes ago
TrueCoin and TrustToken, the companies responsible for the TrueUSD (TUSD) stablecoin, have reached a settlement with the Securities and Exchange Commission (SEC) following allegations of misconduct.
Source name: coinspress.com
1 years, 23 hours, 22 minutes ago
Curve 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.
Source name: news.bitcoin.com
1 years, 7 hours, 59 minutes ago
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve's stablecoin.
Source name: cointelegraph.com
1 years, 8 hours, 57 minutes ago
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Source name: blockworks.co
1 years, 14 hours, 43 minutes ago
US SEC and crypto firms TrueToken and TrueCoin have arrived at an agreement to settle charges. The two companies faced charges from the regulator regarding the issuance of stablecoin TUSD.
Source name: thenewscrypto.com
1 years, 18 hours, 41 minutes ago
The firms behind TrueUSD, a USD-pegged stablecoin, have been charged by the U.S. Securities and Exchange Commission.
Source name: coinmarketcap.com
1 years, 21 hours, 7 minutes ago