List of Flash News about Archblock TrueCoin
| Time | Details |
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2025-12-06 21:47 |
TUSD TrueUSD Fraud Allegations: Justin Sun Says $456M Backstop Stabilized Peg; DIFC Worldwide Freezing Order and Global Legal Actions
According to @justinsuntron, a coordinated multinational scheme siphoned approximately $456 million in TUSD user assets through Aria Group led by Matthew Brittain, FDT and Legacy Trust under Vincent Chok, Finaport controlled by Yai Sukonthabhund, and Alex De Lorraine of Archblock and TrueCoin, using forged documents, concealed fund destinations, and secret kickbacks (source: @justinsuntron). He states he personally backstopped the full $456 million shortfall to stabilize TUSD overnight, countering an expected collapse of the project and protecting users (source: @justinsuntron). He further claims a global legal offensive is underway, citing a DIFC first-ever worldwide freezing order alongside actions in the Cayman Islands toward liquidation, Singapore cases targeting kickbacks and tainted redemptions, UK AML and financial crime investigations, and U.S. avenues implicating wire fraud tied to Archblock and TrueCoin (source: @justinsuntron). He adds that whistleblowers, a cooperating accountant, former victims, and forensic tracing have surfaced to expose the alleged laundering network, framing these steps as safeguarding users and stabilizing TUSD per his account (source: @justinsuntron). |
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2025-12-06 21:39 |
Justin Sun Alleges $456M Stablecoin Reserve Theft, Says DIFC Issued First Global Freezing Order — Key Trading Takeaways
According to @justinsuntron, parties including FDT, Legacy Trust (allegedly controlled by Vincent Chok), Finaport/Yai Sukonthabhund, Aria Group (led by Matthew Brittain), and Alex de Lorraine (Archblock, Truecoin) are implicated in an alleged theft of stablecoin reserves totaling $456M, which he claims he personally backfilled with $500M to protect users and pursue recovery (source: @justinsuntron). According to @justinsuntron, the Dubai International Financial Centre (DIFC) issued what he describes as its first-ever global freezing order, and multiple jurisdictions have begun investigations, including Dubai, Hong Kong, Singapore, the U.K., the U.S., and the Cayman Islands (source: @justinsuntron). According to @justinsuntron, he is coordinating international legal teams for multi-year, cross-border litigation and has secured insider cooperation, with the stated goal of asset freezes, global pursuit, and eventual seizures or bankruptcies of the alleged perpetrators (source: @justinsuntron). |