TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement.
source https://www.coindesk.com/policy/2024/09/24/trusttoken-truecoin-settle-with-sec-over-fraud-accusations-in-stablecoin-investing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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