News about Regulators

by COINS NEWS - 1 year ago

TUSD Red Flag: Justin Sun minted 750m TUSD over the weekend by supposedly wiring funds to Signature Bank. At the same time, SBNY was being seized by regulators. So they minted 750m TUSD when Feds were seizing the bank? Either $750m USD is with regulators

Justin Sun's stablecoin TUSD seems to be the latest shady stablecoin in town. Over the weekend as USDC had de-pegged due to the SVB banking crisis, TUSD took centre stage and minted $750m worth TUSD. You can see this minting activity dire...

by COINS NEWS - 1 year ago

TUSD Red Flag: Justin Sun minted 750m TUSD over the weekend by supposedly wiring funds to Signature Bank. At the same time, SBNY was being seized by regulators. So they minted 750m TUSD when Feds were seizing the bank? Either $750m USD is with regulators

Justin Sun's stablecoin TUSD seems to be the latest shady stablecoin in town. Over the weekend as USDC had de-pegged due to the SVB banking crisis, TUSD took centre stage and minted $750m worth TUSD. You can see this minting activity dire...