🚀 Breaking News in Crypto Land! 🚀

The SEC has settled charges against TrueCoin and TrustToken for their not-so-true claims about TrueUSD (TUSD) stablecoin. From November 2020 to April 2023, these companies allegedly sold unregistered investment contracts and falsely marketed TUSD as fully backed by US dollars. Spoiler alert: 99% of those funds were in a risky overseas investment! 🌍💾

Despite the drama, TrueCoin and TrustToken agreed to pay hefty fines without admitting guilt. What do you think about this crypto saga? Share your thoughts in the comments! đŸ—šïž

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