Dubai Court Freezes $456M Linked to TrueUSD Reserves as Recovery Efforts Intensify

A - $0.184373672304000 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: tokenpost.com

Related symbols: TUSDUSD

2025-11-18 05:55:04 GMT.

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Volume 24h: $29,425,690.38

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Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.