
Justin Sun provides emergency liquidity to stabilize troubled TrueUSD
Key Takeaways Justin Sun provided emergency funding to stabilize TrueUSD amid a $456 million liquidity crisis. TUSD issuer Techteryx claims large-scale fraud led to unauthorized investments by its fiduciary. Share this article Justin Sun, the founder of TRON, quietly provided emergency funding to stabilize TrueUSD (TUSD) after $456 million of the stablecoin’s reserves became illiquid, Hong…