TUSD Case Settled: TrustToken, TrueCoin Pay Up to the SEC

The Securities and Exchange Commission (SEC) has settled charges it had leveled against Trust Token and TrueCoin, the California-based companies accused of defrauding users with the TrueUSD (TUSD) stablecoin. Both companies have agreed to pay $163,766 each in fines, with TrueCoin also paying a disgorgement of $340,000 and $31,538 in interest. TrustToken and TrueCoin Sued The post TUSD Case Settled: TrustToken, TrueCoin Pay Up to the SEC appeared first on Coin Edition .

Source: Coin Edition