News list for " trueusd"
Curve Finance is considering removing TrueUSD (TUSD) as collateral for its stablecoin crvUSD following securities law violations brought by the Securities Exchange Commission (SEC) against TrueCoin and TrustToken. The allegation alleges that 99% of TUSD's reserves are invested in high-risk offshore funds, raising concerns about its safety and solvency. A proposal was made in Curve's governance forum to reduce crvUSD's TUSD mortgage cap to zero and reduce its association with PayPal stablecoin PY...
Curve Finance正在考虑移除TrueUSD（TUSD）作为其稳定币crvUSD的抵押品，因美国证券交易委员会（SEC）对TrueCoin和TrustToken提起了证券法违规指控。该指控称，TUSD的99%储备资金投资于高风险的离岸基金，引发了对其安全性和偿付能力的担忧。 Curve的治理论坛中提出了一项建议，建议将crvUSD的TUSD抵押上限减少至零，并减少与PayPal稳定币PYUSD的关联，以降低相关风险。目前，crvUS...
The Securities Exchange Commission (SEC) has reached a settlement with companies related to the TrueUSD (TUSD) stablecoin. These companies include TrustToken and TrueCoin, which have now been restructured under Archblock. The SEC accused them of misrepresenting the reserve backing of TUSD and failing to register to issue securities related to TUSD. The California companies claimed that TUSD held one-to-one dollar reserves, but in fact invested the funds in high-risk offshore commodity funds. Acc...
TrueUSD wrote that since April 2024, TUSD has closed its bank account with FlowBank and currently has no reserve risk or banking relationship with FlowBank. The Swiss financial marekt regulator FINMA has taken the decision to close FlowBank.
TrueUSD发文称，自2024年4月起，TUSD已关闭其在FlowBank的银行账户，目前与FlowBank没有储备金风险或银行业务关系。 此前报道，瑞士金融市场监管局（FINMA）已做出关闭FlowBank的决定。
