TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing


TrustToken and TrueCoin โ€“ now rebranded and under the umbrella of Archbock Inc. โ€“ settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement.