---
title: "SEC settles charges against TrueCoin, TrustToken over TrueUSD"
url: https://diffcoin.com/sec-settles-charges-against-truecoin-trusttoken-over-trueusd/
description: "The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment. Source link"
published: 2024-09-24
updated: 2024-09-24
author: "Mila"
site: "Diffcoin"
---

# SEC settles charges against TrueCoin, TrustToken over TrueUSD

The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.

[Source link](https://cointelegraph.com/news/sec-settles-truecoin-trusttoken-trueusd-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)