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

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: https://cryptoslate.com/trusttoken-and-truecoin-sec-settlement-admits-no-fault-or-denial-in-tusd-case/