đ Breaking News in the DeFi World! đ
The SEC just settled fraud accusations with Archblock & TrueUSD's creators. Turns out, TUSD wasn't as "stable" as they claimed! đ They were investing in risky offshore funds instead of keeping those 1-to-1 dollar reserves. Oops!
But hey, they paid their fines and promised to behave. TrueCoin will return nearly $400k in profits. đž
Optimistic about the future? We are! đ DeFi's got its hiccups, but it's all part of the journey.
What do you think? Drop your thoughts in the comments!đ
#DeFi #Web3 #CryptoNews #TUSD #SEC
