List of Flash News about TUSD
| Time | Details |
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2025-11-28 13:39 |
Justin Sun Details TUSD $500M Liquidity Rescue Plan and DIFC Fraud Case Update: Asset Recovery Signals for Traders
According to @justinsuntron, he announced in April a rescue plan using personal funds to bail out all public TUSD holders and cover an approximately $500 million liquidity shortfall (source: @justinsuntron). He states the shortfall arose from alleged large-scale fraud and misappropriation by fiduciaries responsible for safeguarding TUSD reserves, naming ARIA group, First Digital Trust, Legacy Trust, Finaport, Truecoin, and individuals Matthew Brittain, Vincent Chok, Alex De Lorraine, and Yai Sukonthabhund (source: @justinsuntron). He says Techteryx has filed lawsuits across jurisdictions, including the Dubai International Financial Centre Courts, alleging roughly $500 million of TUSD reserves were misappropriated through fraud (source: @justinsuntron). He reports the DIFC Courts found there is a serious issue to be tried regarding alleged fraudulent inducement tied to representations that Aria Commodity Finance Fund was a low-risk, insured vehicle (source: @justinsuntron). He alleges funds were diverted to Aria Commodities DMCC and routed through multiple financial centers, then laundered or locked in non-redeemable loans linked to projects such as a UAE bitumen facility, African coal rights, crypto transactions with FTX, and commodity and infrastructure initiatives in the US, Ukraine, and Australia (source: @justinsuntron). For TUSD traders, he emphasizes the rescue plan aims to cover the liquidity gap while Techteryx pursues asset recovery via litigation, key factors to watch for redemption confidence and market liquidity (source: @justinsuntron). |
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2025-11-28 13:36 |
TUSD (TUSD) Stablecoin Legal Update: DIFC Issues First-Ever Global Freezing Order on $456M; Justin Sun Details $500M Liquidity Rescue for Holders
According to @justinsuntron, Techteryx has filed multi-jurisdiction lawsuits alleging misappropriation of nearly $500 million of TUSD reserves by ARIA Group, First Digital Trust (FDT), Legacy Trust, Finaport, and TrueCoin, naming Matthew Brittain, Vincent Chok, Alex De Lorraine, and Yai Sukonthabhund as key individuals (source: @justinsuntron). According to @justinsuntron, on October 17, 2025, DIFC Court Judge Michael Black KC confirmed and issued a worldwide freezing order over approximately $456 million tied to Aria Commodities DMCC, described as the DIFC Court’s first global freezing order, to prevent asset transfers before a final Hong Kong court ruling (source: @justinsuntron). According to @justinsuntron, he launched in April a personal rescue plan to cover about a $500 million liquidity shortfall for public TUSD holders, positioning support for TUSD liquidity while reserve recovery is pursued through litigation (source: @justinsuntron). According to @justinsuntron, the court identified evidence of fiduciary breaches and unauthorized transfers via FDT and Legacy Trust to Aria DMCC, cited risks of asset concealment by Matthew Brittain, highlighted Glass Door Limited’s role in hidden transactions and nearly $14 million in secret rebates, and alleged collusion involving Yai Sukonthabhund and Vincent Chok, including document backdating to mask fund origins from Techteryx (source: @justinsuntron). According to @justinsuntron, these developments directly concern TUSD liquidity, reserve protection, and stablecoin counterparty risk management pending outcomes in Hong Kong and related proceedings (source: @justinsuntron). |
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2025-11-27 08:33 |
Justin Sun alleges illegal use of TUSD reserves, applauds DIFC Courts 456 million asset freeze on Aria Commodities DMCC — trading watch on TUSD peg and TRX liquidity
According to the source, Justin Sun told a Hong Kong briefing that TUSD reserves were allegedly used illegally, heightening counterparty and depeg risk for TUSD trading pairs across spot and derivatives venues; source: Justin Sun public remarks in Hong Kong on Nov 27, 2025. According to the source, Sun also praised a reported 456 million global asset freeze by the DIFC Courts against Aria Commodities DMCC, indicating potential legal overhang for entities linked to TUSD reserve flows; source: Justin Sun public remarks in Hong Kong on Nov 27, 2025. Traders should monitor TUSD to USD and TUSD to USDT peg stability, exchange order book depth, and funding or borrow utilization for stress signals following these allegations; source: independent trading guidance derived from Sun’s remarks on Nov 27, 2025. |
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2025-11-26 02:58 |
Breaking: Justin Sun Schedules Live X Press Conference on TUSD Reserve and ARIA/FDT Litigation — Nov 27, 2 PM HKT
According to @justinsuntron, a live media update covering the TUSD Reserve and international litigation involving ARIA and FDT will stream on X on November 27 at 2 PM HKT, providing confirmed timing and topics for the event, source: @justinsuntron. This scheduled disclosure establishes a defined catalyst window for monitoring TUSD trading pairs, liquidity conditions, and peg stability across exchanges, source: @justinsuntron. Traders can align risk management and observe order book depth and spreads in TUSD markets around the event time given the confirmed livestream schedule, source: @justinsuntron. |
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2025-11-13 12:33 |
Dubai Digital Economy Court Freezes $456M TUSD Reserves Linked to FDT and Aria: Trading Impact on TUSD Peg and TRX
According to @ai_9684xtpa, the Dubai Digital Economy Court issued a global freezing order on 456 million USD in custodial funds belonging to Techteryx that were allegedly transferred by First Digital Trust to Aria Commodities and affiliated funds to protect TUSD holders, marking a major stage result in a multi-jurisdiction recovery effort, source: @ai_9684xtpa on X, Nov 13, 2025. According to @ai_9684xtpa, TrueCoin was mandated to manage TrueUSD in December 2020 and appointed Hong Kong-based First Digital Trust as the legal custodian of TUSD reserves, source: @ai_9684xtpa on X, Nov 13, 2025. According to @ai_9684xtpa, during 2021–2022 FDT used its custodian role to transfer funds in six tranches to Aria Commodities DMCC and related funds, which were alleged to be misapplied and thus unavailable for stablecoin redemptions, source: @ai_9684xtpa on X, Nov 13, 2025. According to @ai_9684xtpa, between 2023–2024 roughly 456 million USD of Techteryx funds were trapped and the firm alleged large-scale fraud, source: @ai_9684xtpa on X, Nov 13, 2025. According to @ai_9684xtpa, in July 2023 Techteryx took over TUSD operations and Justin Sun provided emergency liquidity to Techteryx via a loan to support redemptions, source: @ai_9684xtpa on X, Nov 13, 2025. According to @ai_9684xtpa, from Dec 2023 to Nov 2025 Techteryx pursued litigation from Hong Kong to Dubai and obtained the freezing order, while Justin Sun publicly acknowledged the progress and stated that justice will not be absent, source: @ai_9684xtpa on X, Nov 13, 2025 and @justinsuntron on X, Nov 13, 2025. For traders, monitor TUSD-USD peg stability, exchange order book depth, on-chain liquidity pools, and redemption processing times as reserve access advances, based on the freeze reported by @ai_9684xtpa, source: @ai_9684xtpa on X, Nov 13, 2025. Risk lens for positioning: the order freezes funds but does not equal repatriation, so timelines and actual recovery remain process-dependent per the staged progress described, source: @ai_9684xtpa on X, Nov 13, 2025. |
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2025-11-13 04:27 |
Dubai Digital Economy Court Issues First Worldwide Freezing Order to Protect TUSD Holders: Trading Impact and What TUSD Traders Need to Know
According to @justinsuntron, Dubai's Digital Economy Court has issued its first worldwide freezing order intended to protect TUSD holders (source: @justinsuntron on X, Nov 13, 2025). For traders, the legal action described by @justinsuntron could reduce perceived counterparty risk around TUSD and influence liquidity, spreads, and peg stability across TUSD trading pairs (source: @justinsuntron on X, Nov 13, 2025). Market participants should watch TUSD/USD peg behavior, exchange order books, and on-chain redemption flows to assess whether the protective effect outlined by @justinsuntron materializes (source: @justinsuntron on X, Nov 13, 2025). |
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2025-11-13 04:24 |
DIFC Court Affirms Worldwide Freezing Order in $456M TUSD Case; Techteryx Pursues Recovery
According to @justinsuntron, six months after announcing a bailout for all public TUSD holders, Techteryx has made progress in efforts to recover US$456 million allegedly siphoned from TUSD’s U.S. dollar reserves by parties including ARIA group, First Digital Trust, and Legacy Trust, with legal action ongoing, source: @justinsuntron. According to @justinsuntron, Justice Michael Black KC of the Dubai International Financial Centre (DIFC) Courts affirmed a proprietary injunction and a worldwide freezing order against ARIA DMCC and all laundered proceeds belonging to TUSD, with the judgment published by the DIFC Digital Economy Court at difccourts.ae/rules-decisions/judgments-orders/digital-economy-court/techteryx-ltd-v-1-aria-commodities-dmcc-2-mashreq-bank-psc-3-emirates-nbd-bank-pjsc-4-abu-dhabi-islamic-bank-pjsc-2025-difc-dec, source: @justinsuntron; DIFC Courts judgment. According to @justinsuntron, Techteryx is actively tracking and tracing the missing funds with the aim of eventual recovery, source: @justinsuntron. |
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2025-11-12 19:21 |
Dubai Court Freezes $456M Linked to Justin Sun’s Bailout of TrueUSD (TUSD) Issuer Techteryx — Trading Alert
According to @AggrNews, a Dubai court has frozen $456 million in assets linked to Justin Sun’s bailout of TrueUSD (TUSD) issuer Techteryx. According to @AggrNews, the action specifically references funds associated with Techteryx, the entity identified as the issuer of TUSD. |
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2025-04-04 04:36 |
Justin Sun Extends $500M Loan to Safeguard TUSD Holders from FDT Collapse
According to H.E. Justin Sun (@justinsuntron), he has extended a $500 million loan to save TUSD and shield token holders from significant losses due to FDT's collapse. By taking on this financial risk, Sun aims to protect the broader cryptocurrency market from potential collateral damage. This move is critical for maintaining confidence in TUSD and stabilizing the associated trading markets. Source: Twitter. |
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2025-04-02 17:15 |
Debate Over TUSD's Financial Solvency Between CoinDesk and LedgerLensTM
According to @FarsideUK, a disagreement has emerged regarding TUSD's financial health. @CoinDesk reported a $456 million deficit in TUSD's reserves. Conversely, @LedgerLensTM's 'real-time reserve balance dashboard' in September 2023 indicated that TUSD was solvent. This conflicting information could impact traders' confidence in TUSD, potentially affecting its market price and liquidity. Traders should monitor updates from both sources to make informed decisions. |
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2025-04-02 14:14 |
Justin Sun Bails Out TUSD After $500M Balance Hole Due to Fraud
According to Crypto Rover, Justin Sun has intervened to bail out TUSD after the stablecoin experienced a $500 million deficit in its balance sheet attributed to large scale fraud. This significant financial maneuver by Sun is expected to stabilize TUSD's market value and restore investor confidence. Crypto traders should monitor TUSD's trading volume and price stability closely following this development. |
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2024-09-28 12:17 |
Massive TUSD Transfer to HTX by Sun's Team Raises Concerns
According to @EmberCN, Sun's team transferred the last 175.7 million TUSD they held on the Ethereum chain to HTX an hour ago. Over the past two days, a total of 392.3 million TUSD has been transferred to HTX. As a stablecoin, TUSD appears to be 'nominally dead' with a total circulation of only 495.5 million, of which Sun's team holds 394.3 million (now mostly transferred to HTX). |
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2024-09-26 02:13 |
Large TUSD Transfer by Justin Sun-Linked Address to HTX
According to PeckShieldAlert, a Justin Sun-labeled address (0x9FCc...8c19Fe) transferred 72 million TUSD to HTX within the last 12 hours. The address still holds 175.7 million TUSD. |
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2024-09-25 15:19 |
Significant TUSD Transfer by Justin Sun's Team to HTX
According to @EmberCN, in the past two hours, addresses related to Justin Sun's team transferred a total of 216.6 million TUSD to HTX on both the Tron and Ethereum blockchains. Currently, the total supply of TUSD is 495.5 million, with Justin Sun's team holding 394.3 million TUSD. This includes the recent transfer of 216.6 million TUSD to HTX and an additional 177.7 million TUSD held in other addresses. |