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{"id":412,"date":"2024-09-30T21:36:15","date_gmt":"2024-09-30T21:36:15","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=412"},"modified":"2024-09-30T21:36:15","modified_gmt":"2024-09-30T21:36:15","slug":"trusttoken-and-truecoin-sec-settlement-admits-no-fault-or-denial-in-tusd-case","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=412","title":{"rendered":"TrustToken and TrueCoin SEC settlement admits no fault or denial in TUSD case"},"content":{"rendered":"

TrustToken and TrueCoin settled with the SEC over allegations of fraud related to their TrueUSD stablecoin, agreeing to pay $700,000 in penalties without admitting guilt. The SEC claimed they sold unregistered investment contracts and misled investors about TUSD’s backing. TrueUSD’s market cap fluctuated following the news, falling to $0.98.<\/p>\n","protected":false},"excerpt":{"rendered":"

TrustToken and TrueCoin settled with the SEC over allegations of fraud related to their TrueUSD stablecoin, agreeing to pay $700,000 in penalties without admitting guilt. The SEC claimed they sold unregistered investment contracts and misled investors about TUSD’s backing. TrueUSD’s market cap fluctuated following the news, falling to $0.98.<\/p>\n","protected":false},"author":1,"featured_media":413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=412"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/413"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}