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Dubai Freezes $456M in TrueUSD Reserve Dispute Linked to Justin Sun

A judge in Dubai has ordered a worldwide freeze on $456 million in assets linked to a bailout of the stablecoin TrueUSD, placing Justin Sun and his network under renewed scrutiny. The Dubai Digital Economy Court issued the order after TrueUSD's issuer, Techteryx Ltd., reported that someone diverted funds instead of keeping them as liquid reserves..The post Dubai Freezes $456M in TrueUSD Reserve Dispute Linked to Justin Sun appeared first on 99Bitcoins.

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