SEC Says 99% of $TUSD Reserves Were Invested in Risky Fund

✨ SEC revealed TrueUSD’s reserves were invested in a speculative fund, posing high risks to investors’ capital.

✨ TrueCoin LLC and TrustToken misled investors, falsely claiming TUSD was backed by US dollars, says SEC.

✨ The companies settled charges with the SEC, agreeing to penalties without admitting or denying allegations.

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