SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges

Federal securities regulators have reached an agreement with TrueUSD (TUSD) issuer TrueCoin and lending protocol operator TrustToken to settle charges for the alleged and fraudulent sale of unregistered investment contracts. The US Securities and Exchange Commission (SEC) accuses TrueCoin and TrustToken of offering and selling TUSD as an unregistered security from November 2020 to April The post SEC Announces Settlement With TrueCoin and TrustToken Over TUSD Charges appeared first on The Daily Hodl .

Source: The Daily Hodl