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The Crypto Basic 2023-09-18 09:11:32

Justin Sun Mints $815M in TrueUSD, Raising Concerns Over Stablecoin Collateralization

Tron founder Justin Sun has claimed that the $815 million in TUSD stablecoin minted, swapped, and deposited into the JustLend platform were his personal funds, stirring up controversy. Tron founder and Huobi board member Justin Sun has been the subject of criticism in the crypto community after minting $815 million worth of True USD (TUSD) stablecoin The post Justin Sun Mints $815M in TrueUSD, Raising Concerns Over Stablecoin Collateralization first appeared on The Crypto Basic .

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