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True USD TUSD

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0.994
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Latest True USD News and Social Media Feed

Synthetix Stablecoin (sUSD) Depegs, Drops to $0.83

Synthetix Stablecoin (sUSD) Depegs, Drops to $0.83

Synthetix's sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.
Apr, 10, 2025
2 min read
by CryptoPotato
First Digital Trust sues Justin Sun for defamation over “insolvency” allegation

First Digital Trust sues Justin Sun for defamation over “insolvency” allegation

First Digital Trust filed a defamation lawsuit against Justin Sun after he publicly claimed the company was insolvent.
Apr, 10, 2025
2 min read
by CryptoPolitan
Justin Sun Calls Out Seven Sins by First Digital Trust

Justin Sun Calls Out Seven Sins by First Digital Trust

Justin Sun said First Digital Trust has misappropriated over $500 million in TUSD reserves through unauthorized transfers and falsified records, an...
Apr, 08, 2025
3 min read
by Cryptonews
Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Weekly Summary: 'Liberation Day', progress of stablecoin regulation and Ethereum's renewed DEX leadership

Donald Trump announced a promised list of trade duties, stablecoin legislation advanced in the U.S., the Ethereum network regained the lead in trad...
Apr, 07, 2025
9 min read
by Coinpaper
Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun offers $50M bounty for proof that First Digital Trust hid funds and crashed TUSD

Justin Sun is offering $50M bounty for information and evidence that First Digital Trust has diverted funds and has insufficient backing for its st...
Apr, 04, 2025
3 min read
by CryptoPolitan
Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Justin Sun’s $500M Bailout of TUSD Exposes Weaknesses in Hong Kong Trust Regulation

Conflicting narratives emerged Thursday regarding TrueUSD (TUSD) reserves as Tron founder Justin Sun confirmed he provided the $500 million loan fo...
Apr, 04, 2025
< 1 min read
by CoinEdition
US House Passes STABLE Act for Stablecoin Regulation

US House Passes STABLE Act for Stablecoin Regulation

The United States House Financial Services Committee has passed the stablecoin regulation framework bill.
Apr, 03, 2025
2 min read
by CryptoPotato
Justin Sun Reports $500M Embezzlement at First Digital Trust to Hong Kong Authorities

Justin Sun Reports $500M Embezzlement at First Digital Trust to Hong Kong Authorities

Justin Sun reports $500M embezzlement at First Digital Trust to Hong Kong authorities, alleging severe financial misconduct that impacted stablecoi...
Apr, 03, 2025
4 min read
by Cryptonews
Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the ...
Apr, 03, 2025
2 min read
by CryptoSlate
Tron’s Justin Sun Accuses First Digital Trust (FDT) of Being Insolvent and Demands Hong Kong Authorities Intervene

Tron’s Justin Sun Accuses First Digital Trust (FDT) of Being Insolvent and Demands Hong Kong Authorities Intervene

Justin Sun, the founder of TRON, accused First Digital Trust (FDT), the issuer of FDUSD, of being insolvent and unable to back up its token.
Apr, 03, 2025
3 min read
by ZyCrypto