Fresh news in the crypto world! đ
The SEC has settled charges against TrueCoin and TrustToken for fraudulent and unregistered sales of investment contracts with TrueUSD (TUSD). Between 2020 and 2023, these companies sold TUSD promising profits, but the dollar backing was fake. 99% of the funds were in risky investments abroad!
The companies will pay fines and will not be able to violate further federal laws. What do you think about these measures? Leave us your comment below! đŹ
#Crypto#Blockchain #Investments
