USDD, the algorithmic stablecoin associated with Justin Sun and the TRON blockchain, has removed around 12,000 bitcoins from its collateral, with no corresponding approval from the DAO.
muaah to governance lol
Justin Sun’s USDD Drops 12,000 BTC Without DAO Approval
The 12,000 BTC previously listed on USDD’s transparency page have been withdrawn from the collateral reserve. The address, 1KVpuCfhftkzJ67ZUegaMuaYey7qni7pPj, holding these assets has been removed from transparency disclosures.
