Justin Sun Calls For Hong Kong Trust Reforms After $456M TUSD Fund Scandal

BitcoincomNews

2025-04-03 12:24:41

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Recently, Tron founder Justin Sun stepped in with emergency funding for TrueUSD (TUSD) after its issuer, Techteryx, faced a $456 million liquidity crisis due to illiquid investments. Though Sun claimed he was just an advisor and not directly involved with TrueUSD, he provided crucial financial support during the crisis.

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