SEC Settlement with TrueCoin: A Regulatory Milestone
The U.S. Securities and Exchange Commission (SEC) has reached a settlement amounting to $700,000 with stablecoin issuer TrueCoin and its affiliated lending business, TrustToken. This settlement addresses allegations of misrepresentations concerning the stability of their digital token and their failure to register its use in "profit-making opportunities."
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!