The US Securities and Exchange Commission (SEC) has charged TrueCoin and TrustToken with fraudulent and unregistered sales of investment contracts involving the TrueUSD (TUSD) stablecoin, and lying about its backing, according to a Sept. 24 statement. TrueCoin and TrustToken agreed to settle the SEC’s charges without admitting or denying fault. They also consented to injunctions […]
The post SEC charges and settles with TrueCoin, TrustToken over fraudulent TrueUSD claims appeared first on CryptoSlate.
Originally appeared here:
SEC charges and settles with TrueCoin, TrustToken over fraudulent TrueUSD claims