TrueUSD Reserves Under Scrutiny Amid SEC Settlement

According to Odaily, an examination of TrueUSD's reserves reveals that approximately 99.7% of the stablecoin's reserves are held by First Digital Trust, despite previous allegations in a settlement with the U.S. Securities and Exchange Commission (SEC). Notably, the settlement does not involve Techteryx, the current owner of TrueUSD, which has consistently denied being controlled by Justin... source: https://www.binance.com/en/square/post/16662642886497?utm_source=BinanceNewsRSS