The US SEC announced a settlement of charges against TrueCoin and TrustToken. The case, as a reminder, concerns the alleged sale of unregistered investment contracts involving TrueUSD (stablecoin #TUSD).

Let's remember that#TrueCoinwas the issuer of #TUSD, and#TrustTokenwas the developer of the#TrueFilending protocol.

The SEC alleges that both companies falsely represented that TUSD was fully backed by dollars or its equivalent, while in fact a significant portion of the assets were invested in a speculative and risky offshore investment fund for the defendants' purpose of generating additional profits.

As a result of the settlement, the companies agreed to pay... $163,766 each. TrueCoin also agreed to return the illegally obtained profits in the amount of $340,930. And with interest for the pre-trial settlement - another $31,538.

Those who remember the period when American regulators destroyed the#BUSDstablecoin also remember how TUSD once became a popular stablecoin on #Binance. They even allocated pools on launchpools for it. Of course, there was also zero-commission trading in currency pairs.

As a result,#Binanceshifted their focus to #FDUSD. And, as you can see from the news, for good reason.

At one time, we bought the indirectly related token#TRUduring the hype around #TUSD. The position was in a drawdown for a long time and the initial goal was to exit and forget, covering the loss. But later TRU showed itself from the other side, as an asset from the RWA theme. This is Real World Assest, tokenization of real assets. Potentially one of the strongest narratives for the altseason.

The average entry point is $0.097. And when the asset recovered to the entry point, we did not close the position. Including on the rise to $0.2444 in May-June of this year, when the "paper profit" was +150%. Now the asset is in minimal profit, we are holding it as an investment. Plans to withdraw the deposit body at several "x's" and leave the profit in the deal until the expected peak of the bull run.

According to P73 Trend & Target Dynamics, the asset on the daily TF has been in the zone of a stable uptrend since the end of August, but after the first basic target, the basic stop was knocked out. We will continue to hold as an investment. A signal was set for a stable uptrend on the three-day TF, as an additional confirmation of the reversal.