List of Flash News about worldwide freezing order
| Time | Details |
|---|---|
| 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). |
| 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. |